athomp28
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- athomp28
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Yeah no problem, I thought I was going crazy since my notes had those as accepted but the link showed it as not accepted. The full pdf on your excel practice page looks good though, which is where I initially saw that answer. Thanks!
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Ok thanks!
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Sorry to keep stirring the pot, but I keep changing my notes and am getting more confused From 2019F 4: https://battleacts6us.ca/pdf/Exam_(2019_2-Fall)/(2019_2-Fall)_(04).pdf Rehabilitation is an attempt to save the company To me t…
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Let me start over: Given From exam 2018S 14: The premium (6500) is paid on 1/1/2016 and invested at an annual interest rate of 5% From Odomirok ch26: Taxable investment income consists of income from bonds, mortgages, real esta…
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Sorry, I might be mistaken, but the point I was trying to make was that they wanted you to make the assumption that the interest on invested premium was realized capital gains (in addition to the assumption that you invested the premium). Then th…
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Also in the Battlecard for TBI version 2 is "if EP is given, assume it's invested and apply compound interest (it's fully taxable)"
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Hey, I saw staff commented on my other post, but just wondering if you're looking at it too? It looks like the wiki hasn't updated
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What is actually meant by "changes in Surplus that do not flow through to the IS"?
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So I think I figured it out based on my other comment https://www.battleacts6us.ca/vanillaforum6us/discussion/528/2018-fall-11#latest But to add to mnrber's comment above: Net Investment gain = 1) Net inv. income [earned] + Net realized capit…
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I think I figured it out On Exhibit of Net Inv Income (NII): 17. NII = gross investment income - (investment expense + TLF (not fed)) On Statement of Income: 9. NII earned (Exhibit of Net Investment Income, Line 17) So NII earned == NII. …
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Based on the part b sample answers, it looks like they use the formula above assuming they actually calculated NII earned = 450 in part a (and not NII=450), since they add net realized capital gains to get NII = 450 + 100 = 550. Am I interpreting…
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Hey, so you say above "You have to sum these to get net investment income earned but this already includes realized gains. If you add add realized gains, you'll be double-counting the realized gains" So then why do we have net investment income…
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So part b looks to incorporate the exact payment date into the answer, since there's no timing risk. I'm guessing we would get no credit for using that logic in part a, even though it technically disqualifies risk transfer for 10-10 rule and ERD met…
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sumproduct does the same thing
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Its table 75, p248