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Basic Question 0 of 8
A lower rate of compensation increase:
B. decreases the ABO.
C. does not affect the ABO.
A. increases the ABO.
B. decreases the ABO.
C. does not affect the ABO.
User Contributed Comments 4
| User | Comment |
|---|---|
| mazen1967 | why |
| yxten1 | ABO does not consider future salary increment. |
| sjurrens | only PBO |
| dream007 | "accumulated" |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe and interpret the binomial option valuation model and its component terms;
describe how the value of a European option can be analyzed as the present value of the option's expected payoff at expiration;
CFA® 2025 Level II Curriculum, Volume 5, Module 32.