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- 2014-8-7
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Nominal Return error?: Schweser BK1: 2AM Q1
Yep I’m in the slow lane with the mocks/practice papers.
Could use some input here with Q1 Exam 2 AM
Salary not indexed so no increase
Costs increase with inflation (therefore 2% higher than last year)
116k/3.75m = 3.1%
Totally get all of that.
When Schweser add another 3% to that return requirement. Now I’m lost. Can’t see this as an errata. What’s going on? Am I missing something fundamental?
Thanks,
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