former trader Wrote: ------------------------------------------------------- > actuaryalfred Wrote: > -------------------------------------------------- > ----- > > anyone remember the hedged and unhedged > > performance? I got nice numbers, anyone? > > > 3% and 14%? really? I had 4.95% hedged and -.9% unhedged (I think…)
There was definitely a 2nd return requirement question asked for the 1st IPS question in the AM section.
ok another one…principal trade or crossing network for 2nd trade…I went with crossing network…anyone?
i had 3% hedged, -1% unhedged. how much in the first question did she get in the first distrubution? 1.5 mil or half that? I think i messed that up
Crossing Network…
PJStyles Wrote: ------------------------------------------------------- > There was definitely a 2nd return requirement > question asked for the 1st IPS question in the AM > section. yeah but that was in question #2 or later right?
oskigo Wrote: ------------------------------------------------------- > CFAAtlanta Wrote: > -------------------------------------------------- > ----- > > > > > I am absolutely sure we had to. > > > why the question specifically asked for the > required return for NEXT YEAR no? if i read it > right you absolutely did not have to. If I am dealing with a situation where I have to calculate a required return in the next year, I usually tackle the situation by determining what my spending requirements are going to be and divde that by my investable asset base, then add inflation. However if someone tells me they have X amount of dollars to invest and they want to have X amount in X numbers of years, I know my present value and target temnial value and time it takes to get to the terminal value, so I just use my financial calculator and calculate the interest rate per year to achieve that value. I always need to watch out for is they are going to be drawing down the asset base in the interim and if so, will need to factor in the payment.
i went with crossing network cuz they were all institutional…i actually had principal trade frist and went back and changed after…no clue what the answer was though…i just kept asking “why else would they have thrown in the bit about institutional ownership”
L2 Candidate Wrote: ------------------------------------------------------- > If I am dealing with a situation where I have to > calculate a required return in the next year, I > usually tackle the situation by determining what > my spending requirements are going to be and divde > that by my investable asset base, then add > inflation. However if someone tells me they have > X amount of dollars to invest and they want to > have X amount in X numbers of years, I know my > present value and target temnial value and time it > takes to get to the terminal value, so I just use > my financial calculator and calculate the interest > rate per year to achieve that value. I always > need to watch out for is they are going to be > drawing down the asset base in the interim and if > so, will need to factor in the payment. seems to me like you are overthinking the question. not saying you aren’t right. who knows.
ahahah Wrote: ------------------------------------------------------- > former trader Wrote: > -------------------------------------------------- > ----- > > actuaryalfred Wrote: > > > -------------------------------------------------- > > > ----- > > > anyone remember the hedged and unhedged > > > performance? I got nice numbers, anyone? > > > > > > 3% and 14%? > > > really? I had 4.95% hedged and -.9% unhedged (I > think…) I got the same: 5% and -1 %.
oskigo, Second return calculation was the last question of the question 1. It was kinda by itself right at the end, and I can see someone could have missed seeing it.
ahahah Wrote: ------------------------------------------------------- > former trader Wrote: > -------------------------------------------------- > ----- > > actuaryalfred Wrote: > > > -------------------------------------------------- > > > ----- > > > anyone remember the hedged and unhedged > > > performance? I got nice numbers, anyone? > > > > > > 3% and 14%? > > > really? I had 4.95% hedged and -.9% unhedged (I > think…) 5% -1% are what I got, feel good at least someone is with me 
i didn’t think the institutional ownership did it…i thought it was the large % of volume w/ 6 months to transition. if it was more urgent, go with principal trade.
Only 1 return calculation to my knowledge. they only asked for the next years calc. Did I miss something? Please clarofy how you are sure of this.
oskigo Wrote: ------------------------------------------------------- > i had 3% hedged, -1% unhedged. > > That seems like the answer to the misfit return and true active return.
prockets Wrote: ------------------------------------------------------- > i didn’t think the institutional ownership did > it…i thought it was the large % of volume w/ 6 > months to transition. if it was more urgent, go > with principal trade. Thats how I saw it. But then again, I have terrible eyesight…
now that i think about it I think i had 5%, -1% too. definetly -1. my brain hurts
not sure what you guys are questioning the two return calcs…there was definitely two diff cals required…first one was after the big info dump, second one was right before retirement.
oskigo Wrote: ------------------------------------------------------- > now that i think about it I think i had 5%, -1% > too. definetly -1. my brain hurts was this a question in PM - can you jog my memory a bit more w/o revealing much?
LargeMouthBass Wrote: ------------------------------------------------------- > Only 1 return calculation to my knowledge. they > only asked for the next years calc. Did I miss > something? Please clarofy how you are sure of > this. I am 100% sure that we had to calculate 2 returns in the first Q. Part A was first year, then part E (I think) was return 25 years later (5 years pre retirement).