A few questions about the mock exam,
28 morning session, “the fund focuses on publicly traded companies” so the company is already a publicly traded company, why would you want to have an intianl public offering? #31 moning question the answer key is B, but isnt A also correct. Arent they both correlated?
#44 Afternoon seesion, In a reciever swaption doesnt the party with the option have the right to recieve fixed and pay floating? the answer calcualtes both payments as if they are fixed…
What am I missing?
Please post questions and relevant information
Forgot to mention this is from the CFAI mock exam
# 28 morning session, “the fund focuses on publicly traded companies” so the company is already a publicly traded company, why would you want to have an intianl public offering?
I guess the reason is the firm already bought out by the fund n become private. Hence it’s no longer a public firm. Once u want to go public again, it’s the IPOD since the firm is somehow different from what it used to be, n most importantly it’s private at the moment** Swap question : I don’t know why the hell it is . It cost me so much time**