As per the title?
Is it because a cap can restrict price apprecition potential. Therefore using the inverse relationship between higher price and lower volatility can be used to explain the above statement? Continue reading
This may seem like a ridiculous question to some, but can you use the restroom during your test (obviously forfeiting your time while away using the restroom)? Reason being, I always finish each section with about 30 min left and I occasionally have to use the restroom mid test. I’d much rather take 5-10 minutes and take a piss because when I have to take a leak really bad I can’t concentrate. Please spare the responses of “just go before” as I will try to avoid this problem altogether. Continue reading
Looking for 1 or more people to participate in a weekly study group for the December 2013 level 1 exam in the greater Philadelphia Area.
I’m on the mainline but would be interested in meeting in the city or outer suburbs. Continue reading
I’ve been confused at times with practice questions that seem to contradict my rule that a change in assets has the opposite effect on cash flows as the direction of that change. Can anyone explain why the answer is 495 below?
*question: calc cash paid to suppliers
*info: cogs 500;change inventory (30); change in accounts payable (25)
*My approach: cogs + decrease in inventory - decrease in accounts payable
SO, do you subtract a decrease in inventory b/c cogs is negative???? Continue reading
A locally incorporated subsidiary or investment management division of a larger institution can claim GIPS compliance? I thought it had to be on the firm wide basis? Whats the trick to remember here? Continue reading
Hey Everyone,
In the finishing stretch, should I be pounding away at all the questions in QBank or just the more difficult ones? (Obviously keeping the exam weights in focus). I’m afraid I’ll miss a layup on the exam because I haven’t seen the question before :/
Also, Should I focus on one section at a time, or draw questions from all sections to make it a little more representative of the actual exam.
Thanks in advance for your input! Happy Studying!! Continue reading
Hi there.
I am currently trying to key in the equivalent of this on the HP 12c. The notation that Schweser give for this (in Schweser Mock Exam 1, Vol 1. 2013, PM session, Q99) for the BA II Plus is:
CF0=0
CF1=$15
F=20
CF2= $20
F=19
Cf3=$1020
F=1
I/Y= 1.44889
CPT NPV = $1,067.27
Can someone please explain the connection that when for eg. The spot rate of USD/GBP is 1.4576 and the 1 year forward rate for USD/GBP is 1.3988, then how do we conclude that the interest rates are lower in the US compared to the UK?
I would prefer to understand this than simply memorize this phenomena. Thank you. Continue reading
Questions such as convert the ER into £, or compute the cross ER, etc etc seem to come up now and again.
It seems very straight forward but I always get confused as to what to do, as some require you to multiply, divide and sometimes you need to take the inverse then multiply and so on.
Has anyone got any adivce on how to remember what to do? I’ve tried to think intuitively and follow some steps but I always seem to get tripped up by the ‘trick’ multiple choice answer… Continue reading
Anyone have any good mnemonics for lvl one material? I only know a couple and they really help me out. Thanks! Continue reading