Are we suppose to know how to work out the after tax return adjusted for the impact of nondiscretionary captial gains in part D? geez… the gain ratio and adjustment factor F just doesn’t make sense to me. Also in the Part B of this question, they asked for TWR, however the answer is in modified Dietz? Any one can shed some light on it?
Suishun - I think you mean Reading 49 (pg 355 bk 6). I ran into the readings (it was my last 4 pages) and it was a HORRIBLE - TAXES=YAWNFEST! - I didn’t see it see in the LOS so I skipped it. I just looked in Schweser’s Secret Sauce book and they didn’t cover it. Anyone else think there is any change that this might be on the test? I’m chalking that one up to 0/partial points…
Yes, apologies for the typo. Should be reading 49. thx