Not sure why Schweser have included formulas that are no longer required as part of Equity (back of Book 3):
- Intrinsic P/E
- Effect of inflation on leading P/E
These were part of ‘Equity: Markets and Instruments’ from 2011 BUT no longer part of the 2012 CFAI curriculum
- Intrinsic P/E
- Effect of inflation on leading P/E
These were part of ‘Equity: Markets and Instruments’ from 2011 BUT no longer part of the 2012 CFAI curriculum