I was studying the FSA Material (again, i failed level 2 last year) and Intercorporate Investments has no mention of a Market Value Adjustment (MVA) and Multinational Operations has no mention of the Flow Effect and Holding Effect in 09’. Were you all going to simply ignore the formulas associated with these topics since they are not in the 09’ material? Any response either way would be appreciated. thanks
they are not in this year’s LOSs. So ignore them.