Hi guys,
Regarding Example 3 on page 40, could you tell where the amounts 1,568,627 and 431,373 come from (which the investor puts in layer 1 and layer 3, respectively)? Or is it just one possible solution?
Many thanks!
Hi guys,
Regarding Example 3 on page 40, could you tell where the amounts 1,568,627 and 431,373 come from (which the investor puts in layer 1 and layer 3, respectively)? Or is it just one possible solution?
Many thanks!
This was asked and answered (after some asides) here:
http://www.analystforum.com/forums/cfa-forums/cfa-level-iii-forum/91325938
Thanks, S2000magician!
You’re welcome.
I’m embarassed that I knew exactly which blue box this question was just from those amounts. The text doesn’t do a great job explaining how you arrive at those results.