E
Ella007
Member
For a (say) 0.5% decrease in discount rates, would you lose marks for switching the post retirement liability as follows:
30 x (1.005)^14
Rather than:
30 x 1.14^0.5
I use the first method daily and it breaks my concentration having to use the 2nd method, which is typical in the examiners reports..
Many thanks!
30 x (1.005)^14
Rather than:
30 x 1.14^0.5
I use the first method daily and it breaks my concentration having to use the 2nd method, which is typical in the examiners reports..
Many thanks!