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Dear John,
I have been working on Qn. 3(c) June 2014, Vogel Co. I got the maximum premium as per the examiner’s model answer but couldn’t understand how he got the percentage, 64.9%
I’ll be grateful for your guidance.
Thanks.
I really don’t know how he arrived at 64.9% 🙂
However a % was not asked for, and (if you look at the marking scheme) there were no marks for the % 🙂
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