Hi there. Can anybody be kind enough to tell me where the 0.66% come from. The numeber is related to currency allocation contribution material (page 89, Candidate Reading book 6). I think it’s important and could be in the exam. Appreciate your help. thx you
Book 6! HA! I’m only on Book 3 I think… Damn Brad I guess you’re not a one trick pony. Check the Errata for the CBK it could be an error.
if you apply the currency allocation contribution formula #44-6 in the same reading, this is part of the foreign investment return in domestic currency formula