We’ve been taught that Price Effect captures both – Income and Substitute Effect. In order to find individual effects, we may charge membership fee to eliminate “INCOME EFFECT” and what we are left with is – “SUBSTITUTE EFFECT”. My confusion is ...
SSEI QForum Latest Questions
In the book, the AM GM for this question was directly calculated based on the returns without considering the different investment amounts. I believe the mean would not reflect the true average value. I might be wrong, if so, ...
I’ve solved it via CF Mode but the answer isn’t matching any of the given options. CF0 – 100 CF1 – 200, CF2 – 400, CF3 – 300, I – 12, NPV – 1001.63 (Which is incorrect) I’ve also tried it in other way where, CF0 ...
The ‘BGN‘ Mode and ‘END‘ mode used for solving Annuity sums on the basis of a particular ‘t‘ is quite confusing. It’s hard for me to figure out when a particular ‘t‘ shall be considered ‘End of the year’ or ...
After completing my first class of QM, 1.1.a, I refered book to solve some questions. Homework Questions do have Answers available, but Classwork Question does not. I’ve tried to solve them but in order to cross check whether my answers ...