KiwiBO
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Got it. Thanks again: ) @graham
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@graham Thanks for the step-by-step explanation. This makes a lot of sense to me. Part of where I came from is the inconsistency to the definition of RoE = 2*net income / (E_b+E_e). Isn't the net income need to be taken out for a similar conside…
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hi @graham , in the investment yield formula, can i know is the logic of substracting the inv income from the denominator?
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oh sorry I missed that. was in the MCT part. Many thanks.
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Thanks, @graham . yes, this makes much more sense.