Asset Share Pricing/Feldblum
Budde, Paul ( (no email) )
Fri, 13 Mar 1998 14:59:36 -0600
Does anyone know if there were any material changes to this article
between what was part of the 97 syllabus and the reprint being offered
on the 98 syllabus? One of the "joys" of retaking this exam is that
I've already annotated last year's text and would prefer to skip reading
the 98 version unless it is necessary.
Paul
By the way, in Tiller, Individual Risk Rating, Exhibit 10 (Foundations,
2nd edition, which I am still using, pp. 132-33), in the calculation of
the retro premium the tax multiplier should multiply everything to the
left of it, not just the rightmost item (i.e., they dropped the required
parentheses). I don't know whether this was corrected in the 3rd
edition.