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Wrap Rates - Multipliers - Whats the Deal?

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INQUIRY: I have seen different options for developing Wrap Rates or Multipliers using compounding factors. Is there a difference in the resultant Wrap Rate or Multiplier based on a firms choice of Base?  RESPONSE: The quick and simple answer is no. But the devil is in the details. So if you dare, read on because it gets very interesting...

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