In reading 12 Risk man for ind. they listed some financial capital items, if they give them in the exam how do we handle them in return calculations. Do we inculde or exclude and why?
So the question is, as calculating the required return s hould we add to asset base ;
collectables ( like paintings which is an investment asset mentioned in reading 12 ind. risk man)
Defined pension and defined contribution
Value of the Real estate that you get rent income (or just use rental income and deduct it from spendings to find total expenses).
thanks in advance guys