2015 Fall 13

jc2018jc2018
in CIA.Runoff

Hi,

The battle quiz answer should read "assets supporting liabilities" and not "supporting assets & liabilities".

Thanks,

Comments

  • grahamgraham

    This has been corrected. Thanks!

  • NycxBattleNycxBattle
    edited April 15

    For this question, is it possible to use the discount method for part a)

    Assume the annual yield of 5% is discount rate

    Or those the word "yield" exclusively mean investment yield?

  • Staff-T1Staff-T1
    edited April 18

    I don't think this would be acceptable. You can't discount like this to calculate the cumulative excess. The discount method referred to in this section is how you would evaluate your unpaid in runoff

Sign In or Register to comment.