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Practice Exam #17b
by chelseamh ·For the calculation of margin(LIC), I think the solution is missing the 1.1 factor -
LC Calc - Appendix
by bennybees1 ·In the CAS SampleQuestion #17, I noticed future acquisition costs were not discounted. Do we always assume that future acquisition costs will be realized at contract inception (in this case, it would -
CAS Sample #17
by AndrewL ·When calculating the FCF, we + (Deferred acquisition cost - Net of Cancellation) - (Deferred acquisition cost - Gross of Cancellation).