In question 64 it is mentioned that inflation premium will increase by 3% but this is not added in R(m) in both the alternative solutions.
(And inflation has been added in R(m) in Q19)
Do we have to adjust the inflation premium in R(m) or not ?
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In class mentioned that to be on safe side do both alternatives. In the recent most question by icai it provided with an alternate solution but that also did not include the point you made, so please do alternate solution too