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Sir as per formula if standard deviation is given instead of variance we have take square of it.
The Interest rate if given annually.do we need to convert to daily if so why.i have come across a question where they convert interest rate into daily interest rate.other all figures are given annually like transaction costYes you do, and I explain this in my free lectures on cash management.
The lectures are a complete free course for Paper FM and cover everything needed to be able to pass the exam well 🙂
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