Here my doubts for discussion purposes:
Q5 C: not clear to me the calculation of the return of the tax deferred account. It seems they apply the deferred capital gain formula in a taxable account
Q5 D: not clear to me the answer…the relative value of gift today vs a bequests in x years should already answer the question…quite confusing to me. In addition where they take the 2MM?
Q6 D: why not fund 2? Althoug the sharpe ratio does not increase, the Sortino increases and the drawdon decrease more than the Fund 3
Q7 B ii: why they calcualte the rebate rate using the 7Y rate (4%) and not the 10Y rate (4,5%)
Q7 C i: why a buy and hold strategy would not fit?
Q7 D i: I think they should use the couon rate (2%) and not the Yield (2,25%)
Happy to discuss
Edit: Also 5 B): not clear to be how “Selling the stock fwd” does not trigger the immediate capital gains tax