Exam B-01, #8
Should we assume that the premium given in the first table of part (a) is the EP for PY 2020-2022, instead of CY 2020-2022 as shown?
Initially, I assumed that this was truly CY premium and spent a few minutes trying to decide an appropriate way to convert the CY EP to PY EP. If this is modeled after example F of the Chapter 5 wiki, my hunch is that we were meant to be given PY EP.
Comments
Yes, that's a typo. It should say "PY" not "CY". I will fix it. Thanks.