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so…5% right?

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^ that’s what i did.. when I left the exam everyone was saying its 7. something im not sure but I was kind of sure that it is 5 only.. its not a found or end.. im not sure.. anyone?

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not if its real kid cudi

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Went with SQRT(25) here as the RRR

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Given the discount rate did not state that inflation was included, I think it is safer to add inflation.  Also add MGMT fees too.

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i must have been blind, i didnt see mgmt fees either.  were they buried in the text somewhere?

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^ must have been blind too .. low probability to have a lot of blind people not seeing management fees.. high probability of having different versions of exams.. who knows ..

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I recall the question said “show your calculation”. Would the CFAI do that of it was just the 5%?

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Ilovegold wrote:
I recall the question said “show your calculation”. Would the CFAI do that of it was just the 5%?
Another hint that you had to make some exercise with the figures. If you were to put just 5% in the answerbook, it is hardly to be considered as “calculation”, isn’t? Thus, in order to make the calculation you needed to show a manupulation with those three figures.

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^interesting

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