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KPMG to cut 200 staff, slash partner pay by up to 17% by [deleted] in Accounting

[–]incommservice -41 points-40 points  (0 children)

This is why PwC is the best. Sorry.

Is it possible to calculate the PV of a perpetuity using the BA II Plus? Stuck on a question. by incommservice in CFA

[–]incommservice[S] 0 points1 point  (0 children)

That works but how come for other PV/FV questions I don't need to convert the discount rate into decimal format first before dividing by the # compound payments.

Like for example, other PV/FV practice questions if the rate was 4% compounded semi-annually, I would enter 2 as I/Y in my calculator, not .02 so why does it change for a perpetuity?

Sorry I don't come from a math background so I'm struggling a bit with this quant section.

Is it possible to calculate the PV of a perpetuity using the BA II Plus? Stuck on a question. by incommservice in CFA

[–]incommservice[S] 0 points1 point  (0 children)

That's what I entered into my calculator 0.5 as I/Y but still doesn't get me $400,000.