Ptolmey Topic Test - SInger Tehaar

CFA Level III
#1

I am confusing on this solution.

I have followed the Schweser method and methods of previous exams to add the illiqduity premium to both numbers - it doesn’t work?

My method:

23% x 0.85 x 0.31 = 6.06% (PLUS Illiquid Premium 60bps) = 6.6%

23% x 0.31 = 7.13% (PLUS illiquid Premium 60bps) = 7.73%

(6.6 x 0.65) + (7.73 x 0.35) = 7.03%

Return = 7.04% + RF (2.5%) = 9.5%

Answer is 9.8?

#2

answer is 9.5 when I logged into my topic tests, what do you mean by 9.8

#3

I put 9.5 as the asnwer, it said it was wrong and the actual answer was 9.8…

#4

https://imgur.com/uaNeFa3

here’s how it looks like on my end

#5

Thanks - must be a bug on my end