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AAFM Exam CWM_LEVEL_2 Topic 4 Question 39 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam
Question #: 39
Topic #: 4
[All CWM_LEVEL_2 Questions]

Section C (4 Mark)

Read the senario and answer to the question.

Compute Expanded Liquidity Ratio before his retirement as (beginning of October 2007) and find out for how many months of expenses, his liquid assets are sufficient enough to cover?

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Suggested Answer: B

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