Did anyone else sit the BSAS exam this year? I think they have made a few mistakes but want to see if anyone else found the same.
QUestion 27 - they seem to have got the Yen depreciating when it actually appreciates - so answer b could also be right along-side c.
Question 39 - They get the dividend amount for next year - then to find the dividend amount for this year (for the H-model D0) they discount the amount ($10) by the return on equity (8.5%) not the growth rate (3.5%) - anyone have any idea why they might do this? They then calculate it to be the answer provided for B, but state that the right answer is A, so I don’t really have much faith in their accuracy…
Anyone find any other mistakes?