Do you ALWAYS use the Conversion factor and Yield beta if both are given?

CFA Level III
#1

Is there a case when you wouldn’t use one or the other when both are given?

Thanks.

#2

yes

#3

I think what pokhim is trying to say is: yes there are

#4

in which case you don’t use both?

#5

Kind of a stupid qustion, but is there a case where you don’t use one or the other if both are given and not equal to 1?