SOA Exam FM Sample Question 58
Study guide: Exam FM-2
Trevor has assets at time 2 of A and at time 9 of B. He has a liability of 95,000 at time 5. Trevor has achieved Redington immunization in his portfolio using an annual effective interest rate of 4%.
Calculate \dfrac{A}{B}.
- A) 0.7307
- B) 0.9670
- C) 1.0000
- D) 1.0132
- E) 1.3686
Answer this question and see the worked solution