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candylips (m)
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Guys have far. Hope say una wey dey take for june done dey push forward. 121 days to go. Candylips u don recieve your curriculum from cfa them
Yes i received that from CFA when i registered but i am using Schweser Study notes .
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lowee231
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Candylips. E be like say me and u dey the say same boat. Which study session u dey
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IykeD (m)
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Please can anyone tellme how i can purchase schweser study notes, i heard they don't ship to Nigeria @candylis, how did you get urs?
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candylips (m)
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@lowee
I have just finished SS 6 should start SS7 on Saturday. will spend today reviewing SS 4 , 5 , 6 and take some sample questions
@IykeD
I think they ship worldwide. You will probably need a credit card.
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Dr. D
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@ WYT I use both the CFA curriculum and Schweser, I think its a good combination, for now I'm not testing with Qbanks
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lowee231
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iyke d. try contact bakare on this forum
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realkemmy (m)
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hey guys, ve u gone to bed?
wats happening to the tread?
u guys shld try your hands on this. a financial istrument is currently selling @ $360.it promises a constant semi annual cash flow over a period of 5yrs. if the , required annual return is 12% calculate what the minimum semi annual return should be.
would post solution after seeing 5 pples answers.
all the best,
study hard.
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eyebeekay (f)
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mnot sure but is it 108?
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realkemmy (m)
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@eyebeekay
its not 108. try again
or u nid a clue?
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wyt (m)
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is it 21.6 i'v not got to that session, (no eexcuss though)
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realkemmy (m)
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@wyt
it is not 21.6
here is a clue
u ve been given the PV, so what we are to find is ANNUITY, then u will divide the return by 2 since its semi annually i.e(0.12/2), and multiply the period by 2 also i.e (5*2)
try this lets see
remember u are computing for annuity.
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realkemmy (m)
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The following is for Questions 1 and 2: A project provides annual cash flows of $5,000 forever and costs $40,000 today.
Question 1) What is NPV if the required return is 7% per annum? A) 22,585 B) 27,287 C) 29,533 D) 31,429 E) 32,520
Question 2) At what rate of discount will the NPV be zero? A) 5% B) 7% C) 7.5% D) 9.83% E) 12.5%
guys lets be more serious on this thread.
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wyt (m)
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i am in session 4, jump session 2&3, lets do this after all readings as i nduring revission
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realkemmy (m)
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@wyt
i think that is a reasonable suggestion.
but i will advice u not read session by session because by the time u are reading session 10, u would ve forgotten some things u read in the prevoius session.
remember, time is not on your side.
all the best man
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candylips (m)
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hey guys, ve u gone to bed?
wats happening to the tread?
u guys shld try your hands on this. a financial istrument is currently selling @ $360.it promises a constant semi annual cash flow over a period of 5yrs. if the , required annual return is 12% calculate what the minimum semi annual return should be.
would post solution after seeing 5 pples answers.
all the best,
study hard.
r = 12 * 2 = 24% n = 5 * 2 = 10 FV = PV*(1+r)^ n =360*(1+.24)^10 =3,093 Your other question doesnt seem to be right. You did not provide number of years
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realkemmy (m)
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@candylips
your answer aint correct, and the second questions is right
the no of years is infinity.
will solve them very much later today
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Mu (m)
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Hi realkemmy,
Is the answer for the $360 PV question $82.65?
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Mu (m)
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Hi Realkemmy
Is the answer to the $5,000 perpetuity question Question 1 D) $31,428.57
Question 2 E) 12.5%
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lowee231
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real kemmy abeg more questions. You have brought life back to this thread. Guys guess what have past questions. Anybody interested. the ansa to the N360 question is 48.9125 every 6 months. I am using a texas instrument can beat that. throw so more. do u have any forward rate questions.
Mu was right with both questions. the last one was kind of of devious. d/c=40000 u then solve for c.
candlips it is an annuity question.
i want more.
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realkemmy (m)
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@mu and lowee
thanks guys, u make me proud.
you guys are correct.
more questions coming
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realkemmy (m)
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citi bank, has just paid a dividend of $5 per share and annual growth rate in dividend of 20% is expected. what is the mkt value of the share if the reqd rtrn is 12%
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lowee231
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realkemmy, guy u done take level 3 of the cfa
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candylips (m)
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tot it was a FV question
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Mu (m)
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Hi Realkemmy,
Is the answer to your citibank question $62.5?
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candylips (m)
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Anyone want to try this
Q1 . The sample mean is an unbiased estimator of the population mean because the:
A) sampling distribution of the sample mean has the smallest variance of any other unbiased estimators of the population mean. B) sample mean provides a more accurate estimate of the population mean as the sample size increases. C) expected value of the sample mean is equal to the population mean. D) sampling distribution of the sample mean is normal
Q2. One year ago, Karen Jason left the employment as a portfolio manager of Howe Advisors. The departure was contentious and both parties threatened legal action. As a result, both parties signed a settlement in which Jason was paid a pro rated bonus, but agreed not to work on the portfolios of any existing Howe client for two years. The terms of the agreement were that both parties agreed to keep all aspects of the agreement confidential, including the fact that there was hostility surrounding the departure. Jason now works for Torre Advisors, who has the Stein Company as a new client. At the time Jason left Howe, Stein was a client of Howe, although Jason did not personally work on the Stein portfolio. Jason's supervisor at Torre wants Howe to work on the Stein portfolio. Jason should:
A) work on the portfolio because she did not personally work on the portfolio when she was at Howe. B) inform her supervisor that she cannot work on the portfolio because of a non-compete agreement. C) inform her supervisor that she cannot work on the portfolio because of a legal agreement, but cannot tell him why. D) leave the employment of Torre because of a conflict of interest.
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realkemmy (m)
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@ lowee
you're right. the ans is $50
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lowee231
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candylips I never do my revision but i am expecting
Q1 A
Q2 C
I am not sure of these ansas
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candylips (m)
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Q2 is correct.
Try Q1 again
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lowee231
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my mind be dey Q1 B abeg try correct your brother
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candylips (m)
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Yeah B is the correct answer.
Do u have access to QBANK. I got those questions from there
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lowee231
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To what extent u dey rely on the shweser vs the CFA Notes. I just receive my CFA notes fear one kill me
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