Q&A1 - I noticed that in Q1.15 they used the % values directly in the calculation, while in Q1.19 the decimal values (e.g. 0.1 instead of 10%) were used. My question might be trivial, but I was wondering which is better to use when calculating values such as expected return and variance/expected shortfall, etc.? What would examiners prefer? Thank you!
In general, it's best to use whichever is used by the examiners in the question. However, it generally shouldn't matter provided you get the correct answer.
