Practice Exam #17b
For the calculation of margin(LIC), I think the solution is missing the 1.1 factor
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For the calculation of margin(LIC), I think the solution is missing the 1.1 factor
Comments
Yes you are right
Thanks, we will make that correction. (The factor of 1.1 in that particular formula was new for the most recent syllabus and we forgot to change it in that spot.)
Update: The formula has been amended to include the 1.1 factor.