A
almost_there
Member
It's quite insane in their model solution for Q1 to state that providing a free coffee machine worth $200 to low and medium users would not be environmentally friendly. Perhaps this exam question was set in some weird communist dictatorship state without me realising? You know, a place where there's no ebay, no charities, no one has friends to give the spare coffee machine to, no room to keep a spare coffee machine in their home and no recycling centre to dump one in... give me a break!
As actuaries we are trained to value assets by market value yet we're meant to consider a new, unused $200 coffee machine has zero market value and it's OK to make a weird assumption that low and medium users will cause an environmental problem with it?
As actuaries we are trained to value assets by market value yet we're meant to consider a new, unused $200 coffee machine has zero market value and it's OK to make a weird assumption that low and medium users will cause an environmental problem with it?
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