Full Economic Balance Sheet - Relevant?

I’ve come across a few questions on “Full Economic Balance Sheet” in the past AM papers (e.g., 2013 Q7C, D and 2009 Q4). I haven’t seen anything in the 2014 Curriculum, or did I miss anything? If so, could someone please point me to the study session?


check the answer and the LOS.

I believe this has to do with the Merton Reading from 2013 and before on Pension WACC related - that is not there anymore.

Just in case, this is not the curriculum for this year 2015 as well right?

not in there. i ran into the same thing too



Glad it’s out and I don’t need to review it.