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When calculating WACC we need to assume and IRR can be different because of the different discount rates.Also when estimating a growth rate i use two decimal places but in the exam kit 4 decimal places are given.But at the end it doesnt matter right if your answer slightly differs?
Because it,s the application of the concept which matters right?You are correct in that it is the application of the concepts that matters.
You will not lose marks for rounding (and most times I round just to 2 decimal places).
@johnmoffat said:
You are correct in that it is the application of the concepts that matters.You will not lose marks for rounding (and most times I round just to 2 decimal places).
Your reply just makes me feel much better 🙂 Thanks
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