Is the 2nd edition of Rosenbaum still relevant despite that it was published in 2014 and the new edition has come out? Is going through the textbook and accompany workbook a good way to learn as an incoming analyst?
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The core concepts really haven't changed in the past several years, so I've been using the 2nd edition. The best learning method for me has been to try everything out on Excel. It's one thing to read up on how statements connect or what happens to EV when wacc changes, but it's another to see it for youself.
Is the third addition worth it?
Pretty sure banking has completely changed and become revolutionized since then, but idk
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