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I passed FM with 69%
I also passed SBL with 64%
Thanks to Open tuition
I followed the advices given.
God bless you.
I’m already preparing to take AFM in December
I saw this question as well. It did not work so I had to further divide my answer by the nominal value and I got an answer. But it is really strange.
you are actually right. You use the 6% for both options because the assumption is that the after-tax cost of borrowing should be used for both.
6%
An after-tax cost of borrowing should be used
Passed
First attempt 64%
