Feldblum.Discount
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Study Tip
If you can do the exam problem, you should be good to go. The calculation and other relevant material is explained in Odomirok Chapter 26 - Discounting for Taxes
BattleTable
Based on past exams, the main things you need to know (in rough order of importance) are:
- how to calculate the loss reserve discount factor using Schedule P, Part 1
- how to determine whether a company should use a discount factor derived from their own Schedule P or one derived from industry data
reference part (a) part (b) part (c) part (d) E (2014.Fall #16) payment pattern:
- company vs IRS
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In Plain English!
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