I think most of us are merely posting because this is easier than studying yet it feels good… And on that lil piece of wisdom… back to the books.
A) That’s fine, and I think that I help people as much as anyone, including wishing most if not all good luck on Saturday, so I’m not sure of your point (also, according to KevinWang, you shouldn’t use your brain to judge people, FYI). B) Of course they do; I realize the apparent contradiction between helping people score better while at the same time taking away from my study time, and I’ve brought this up numerous times over the past couple of days, including making some tongue-in-cheek references to people spreading disinformation - lemme ask you something: If we all pass, then who fails? C) And no, I don’t pass based on what I know or don’t know; I pass based on my knowledge RELATIVE to other’s knowledge - think absolute and relative valuation models. D) Good luck.
pepp Wrote: ------------------------------------------------------- > skill, > > A) i think most of us here are trying to keep our > chin up and motivate and help each other. > B) no one really thinks about their passing > chances based on others, because if that was the > case, you’d NEVER HELP anyone, and this forum > wouldn’t exist. > C) as i mentioned you passed based on what you > know or you don’t. > > d) now I really want to try my best on this exam, > thanks all. > > heres a question: if the target dividend ratio is > .10, last years dividend was 5 cents, and this > year it is 6 cents, but this year’s earnings has > gone up by 50% compared to last years, and target > will be reached in 10 years, what can you conclude > about the company whether its moving to target > ratio or not. also assume that company’s expected > earning is supposed to fall next year due to some > regulatory issues that imposed tax penalty for the > industry the company is operating in. use the formula to calculate this year’s supposed dividend Dt-1 + (earning increase)*target payout ratio*adjustment factor would not decrease dividend if earning decrease
pepp Wrote: ------------------------------------------------------- > d) now I really want to try my best on this exam, > thanks all. > hooray!
I think I would have a much more relaxing and enjoyable learning experience if I switch to 2010…I know for sure that I don’t know some of the matrial really well, which is a very annoying feeling.
Dreary Wrote: ------------------------------------------------------- > I think I would have a much more relaxing and > enjoyable learning experience if I switch to > 2010…I know for sure that I don’t know some of > the matrial really well, which is a very annoying > feeling. You could have that relaxed and enjoyable experience with Level 3 in 2010 if you stop posting and start busting your ass 
Three answer choices, 120 questions Odds of guessing correctly for 70% of q’s = 120 choose 84 = 120! / (84! x (120-84)!) = 120! / 84! x 36! = wait that’s not right… oh snap, i’ve forgotten combinatorics already. Anyways, there’s a chance you’ll pass. A monkey could pass this thing. Hang tough.
> sk seems like the type of guy u do not want to be > in plane crash in the moutains where a bunch of u > survive but r running out of food > … and then a bear starts chasing you
wtf pepp, you scared me. You’re a honored member of the “candidates in the crap unite” war wagon. I’m in the shit too, bro. Yet I just managed to get a 72% on some schweser exam while 2 days ago I got a 55%. Point is: anything can happen at this point. + at this point, what does 2 more days of having a miserable life represent ?
I’ve just about had it myself…just can’t seem to get any more info down and the more I look at it, the dumber I get…ugh, so frustrating. I’ve taken the mock and 2 schweser exams. The good news is I haven’t scored below a 66. The bad news is I haven’t scored higher then a 70, so we’ll see. Keep your fingers crossed one thing I’ve noticed is that I either get 5/6 or 6/6 or I get a 2/6 or 3/6 in each section. It’s like I either know it or I don’t, and when I don’t, I can’t guess for sh*t. Hopefully the guessing gods will be on my side
The only good thing about this exam is that it has three choices to select from for each question. If it was a subjective exam like L3 I would have definitely failed this exam. Hope I pass this one and prepare harder for L3 to be in a better situation next year around this time.
Dreary Wrote: ------------------------------------------------------- > I think I would have a much more relaxing and > enjoyable learning experience if I switch to > 2010…I know for sure that I don’t know some of > the matrial really well, which is a very annoying > feeling. I have been saying the same thing for the past two weeks. Pepp is a warrior among us. Search his name in the L1 forum and you’ll see how fast he learned the material and passed the exam. As for myself, I don’t think I’ll pass. I got started too late and working in tax was not exactly favorable for studying. Once the tax season ended, I studied full time all day everyday. I’m pretty well versed for the first 14 readings, the last 4 I really don’t have a clue about as I just finished that stalla book 10 days ago. In any case I’m keeping a cool head and simply reviewing the big areas. And I read that Secret Sauce constantly.