Separate names with a comma.
The pass mark for all IAI exams was 50, unless I'm mistaken.
I wrote them independently in subsequent attempts, so I don't fulfill your criteria but I'd say there is significant overlap between the two in...
Most exams are set with a pass mark around 55 but get adjusted upward to 60 depending upon general performance in that diet. 60 is usually a...
OK, this time even I can do this in excel: =8-WEEKDAY(VALUE(CONCATENATE(A1,"-1-",A2)),12)
There is a flip side to this. Equities have a social impact since they are cheap and relatively safe source of funds for business owners in the...
In a put call parity, we have: Put(t) + Share(t) = Call(t) + Ke^-r(T-t) Let's take a simplified example of a dividend paying share, where the...
Thanks Steve
Matched benchmark is used in a passive strategy, where the objective is to entirely replicate the movements in liabilities. Strategic benchmark...
E[exp(Zt-Zu)] is not exp(E[Zt-Zu]). You can approximately visualize this from a simple Taylor series expansion: LHS: E[1 + (Zt-Zu)/1! +...
Expectation under lognormal distribution = Mean + .5*Sigma^2 From Brownian Motion: E[Zt - Zu] = 0 Var[Zt - Zu] = t-u = E[ (Zt-Zu)^2] -...
But in this case, you will have to pay ground rent too. So the net income will be the difference between rent received and rent paid (and net...
In PAYG, it's not from the time the event happens but at the time the benefit is due. Otherwise, you are correct.
Would you happen to have a formula for calculation of rental yield in leasehold? I'm struggling in putting this into context myself since there is...
I'm not sure if that's the only (or primary) reason that goes into deciding bond term. The govt will try to issue bonds whose payments matches the...
Yes, general insurance contracts (with certain exceptions) are mostly renewable every year and investments are mostly held in low yielding liquid...
