hi. yes i understood your expalnation. But my qs was regarding what the solution states regarding.. 1) PV01 being same (but pv01 is not same.. thre is a difference in numbers in the table) & 2) Liabilities falling by a Higher Amt as mentioned in the solution?? (You menationed that liabilities wiRead more
hi. yes i understood your expalnation. But my qs was regarding what the solution states regarding..
1) PV01 being same (but pv01 is not same.. thre is a difference in numbers in the table) &
2) Liabilities falling by a Higher Amt as mentioned in the solution?? (You menationed that liabilities will fall less due to higher convexity.. which i agree. But why is the solution saying that liability will fall more?) can you pls explain that.
Okay. But taking discount rate higher than expected return wd mean lower pv of liab.. keeping the value of assets constant.. the plan will b overfunded, without the value if assets actually rising. So why to use higher of the two??
Okay. But taking discount rate higher than expected return wd mean lower pv of liab.. keeping the value of assets constant.. the plan will b overfunded, without the value if assets actually rising. So why to use higher of the two??
Is it bcoz of the older age? Is it Bcoz shes waiting to get annuity at 65 & not 60.. thats y the payout is decresing ie cost of annuity increasing? So bcoz shes living long.. mortality credits is working against her. Is my understanding correct sir?
Is it bcoz of the older age? Is it Bcoz shes waiting to get annuity at 65 & not 60.. thats y the payout is decresing ie cost of annuity increasing? So bcoz shes living long.. mortality credits is working against her. Is my understanding correct sir?
Thank you sir the the explanation. Yes there are a few gaps in my understanding of concepts as i had taken level 2 in 2017. So theres a gap.. hence the problem in few key concepts. But i m putting in effort & with your videos & ur personal help thru this forum.. i m getting better.
Thank you sir the the explanation. Yes there are a few gaps in my understanding of concepts as i had taken level 2 in 2017. So theres a gap.. hence the problem in few key concepts. But i m putting in effort & with your videos & ur personal help thru this forum.. i m getting better.
FIXED INCOME (HEDGING USING SWAPTIONS)
hi. yes i understood your expalnation. But my qs was regarding what the solution states regarding.. 1) PV01 being same (but pv01 is not same.. thre is a difference in numbers in the table) & 2) Liabilities falling by a Higher Amt as mentioned in the solution?? (You menationed that liabilities wiRead more
hi. yes i understood your expalnation. But my qs was regarding what the solution states regarding..
1) PV01 being same (but pv01 is not same.. thre is a difference in numbers in the table) &
2) Liabilities falling by a Higher Amt as mentioned in the solution?? (You menationed that liabilities will fall less due to higher convexity.. which i agree. But why is the solution saying that liability will fall more?) can you pls explain that.
or do you mean the solution is wrong?
See lessGIPS
Okay sir.
Okay sir.
See lessPensions
Okay. But taking discount rate higher than expected return wd mean lower pv of liab.. keeping the value of assets constant.. the plan will b overfunded, without the value if assets actually rising. So why to use higher of the two??
Okay. But taking discount rate higher than expected return wd mean lower pv of liab.. keeping the value of assets constant.. the plan will b overfunded, without the value if assets actually rising. So why to use higher of the two??
See lessRisk mngt individuals
Is it bcoz of the older age? Is it Bcoz shes waiting to get annuity at 65 & not 60.. thats y the payout is decresing ie cost of annuity increasing? So bcoz shes living long.. mortality credits is working against her. Is my understanding correct sir?
Monetary policy CME
Thank you sir the the explanation. Yes there are a few gaps in my understanding of concepts as i had taken level 2 in 2017. So theres a gap.. hence the problem in few key concepts. But i m putting in effort & with your videos & ur personal help thru this forum.. i m getting better.
Thank you sir the the explanation. Yes there are a few gaps in my understanding of concepts as i had taken level 2 in 2017. So theres a gap.. hence the problem in few key concepts. But i m putting in effort & with your videos & ur personal help thru this forum.. i m getting better.
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