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Illustration 8 answer is not 12.64 it is 12.76(12/.94) Video Details Advanced Financial Management - AFM Mutual Funds - AFM 38. Illustration - 9
Answers (1)
No. Solution is correct. Please have a re look at formula and our notes P 590. Check icai material page 8.16 too https://resource.cdn.icai.org/74835bos60509-cp8.pdf