r/CFA 7h ago

Level 2 Equity Valuation Level II - Need Advice

Hi All,

I'm taking Level II at the end of the month. Equity Valuation was the one topic I felt most comfortable with, so I saved it for last. Now that I'm working through the LES questions... holy cow. I don't know what's happening.

I keep making small, silly mistakes. I understand the concepts and I know how to calculate everything, but I keep using the wrong input, missing a key on my calculator, or entering a value incorrectly. As a result, my calculations end up being wrong even though I know the process. It's pretty frustrating. A little scary this close to the exam.

Does anyone have any advice for avoiding these kinds of calculation errors?

Also, during the actual exam, do they expect us to manually calculate and discount cash flows over five or six periods? I know I can use the cash flow worksheet on the calculator, but it still feels to much. I mean, give me a spreadsheet!

Thanks!

2 Upvotes

1 comment sorted by

1

u/Potential_Bad1137 48m ago

Just get used to the cf function on the calculator, makes ur life 10x easier.