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Are we expected to know the BC Autoplan?
As well, for Question 15, how do we know that the question is asking for the ERC and not the margin for cat-eqk from MCT?
I don't think we need to know BC auto plan (but let s wait for TA)
I don't think BC auto plan is in the syllabus anymore. @graham can you confirm? It was from an older paper
For your second question it would be explicit in the exam. However, Graham is using ERC as the answer here but I think it should be EQ reserves = (EPR + ERC)*1.25 actually. @graham thoughts?
These have been corrected. Thanks!
Comments
As well, for Question 15, how do we know that the question is asking for the ERC and not the margin for cat-eqk from MCT?
I don't think we need to know BC auto plan (but let s wait for TA)
I don't think BC auto plan is in the syllabus anymore. @graham can you confirm? It was from an older paper
For your second question it would be explicit in the exam. However, Graham is using ERC as the answer here but I think it should be EQ reserves = (EPR + ERC)*1.25 actually. @graham thoughts?
These have been corrected. Thanks!