Why this is mistaken
A note may use undiscounted payments while the ledger carries a discounted liability. Reconcile the basis and population instead of forcing equality. Trace material narrative claims to approved conclusions even when no number appears.
Where to watch
When this mistake may appear
- The maturity table does not equal the liability, so one number must be wrong.
Check your work
Your work may contain this mistake if:
- Plugs a note difference without testing population, basis, timing, currency, or narrative support.