(Q9Ai) of 2001 CFA L3 exam, p.198, CFAI book #2. The case is about James Stephenson. Question: in the solution part, inflation of 3% and 4% real return are used. It seems they are not mentioned in the question. Did I miss anything? - sticky
(Q9Ai) of 2001 CFA L3 exam, p.198, CFAI book #2. The case is about James Stephenson. Question: in the solution part, inflation of 3% and 4% real return are used. It seems they are not mentioned in the question. Did I miss anything? - sticky