lotsofpies

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Thanks for the link. Makes sense to me. So, just to clarify. Does that mean that the wording contained in my quote, (where it says "you don't make credit or market risk adjustments to it") should be updated in the wiki?

in Combined Approach - Is the Top-Down Discount rate adjusted for market and credit risk? Comment by lotsofpies October 2022
A couple of question: 1. Would the formula for Profit/Loss (i.e. LRC - FCF) and Loss Component on the FCF formula as well? From my understanding (which might be wrong haha), the formula for Profit/Loss from the Excel Exhibit is only equal to (PA…

in Formula for FCF Comment by lotsofpies October 2022