PsEm6C
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One thing noted for 2016.Spring Q23 a.ii is that the net investment income formula includes the realized gains/losses, which are given to be 0. As such we don't need to subtract for ROR
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I feel that the key question to which two to choose as a starting point is whether we want to reflect the difference/change in question in the calculation. Based on learning battleacts and question 2015 Fall 26a. My conclusion is that in general …