for endowments.. how testable is it?作者: bpdulog 时间: 2011-7-11 19:24
95% confident...作者: lcai 时间: 2011-7-11 19:24
Get it down cold bro.作者: pennyless 时间: 2011-7-11 19:24
reasonably testable.... but i cannot get my mind around it... so wont waste too much time remembering it
Edited 1 time(s). Last edit at Monday, May 16, 2011 at 11:37AM by amg.作者: mar350 时间: 2011-7-11 19:24
95% of 100% chance ;)作者: Zestt 时间: 2011-7-11 19:24
SkipE99 Wrote:
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> wait until the last couple of days before the exam
> and just memorize it for the test then let it all
> dribble out after
exactly my strategy for a lot of nasty formulas作者: Iginla2011 时间: 2011-7-11 19:24
ahem cfa charterholder!作者: Unforseen 时间: 2011-7-11 19:24
deriv108 Wrote:
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> Not to scare any...just copy&paste...pretty?
>
> Spending(t) = Smoothing rate x
> + (1 - Smoothing rate) x (Spending rate x
> Beginning market value(t-1))
>
> -- shrinkage estimate? times series? inflation
> again? BMV -- like GIPS stuff.
