Dear friends,
We have seen lots of discussion about this attemts SFM paper. Most of the students have found it a tought. We have also seen the the solutions provided by differents people, but none of them have discussed the concepts and logics.
I would like to share a solution with conceptual and logical discussion by Rajiv Singh Sir. Those who know him, know his level of knowledge and level of experties on the subject.
A one liner introduction of him is he has been awarded as best faculty for SFM / MAFA by NIRC for all most every year starting from 2004.
The answers can be found at the following link : https://financei.in/resourses.html