CFA Level 1-December 2012

Jobs & Careers
1125
@jaiswalicsi said:
operating income less taxes/depriciation equals net operating income so NOI= NI/PAT
1126

Hi Guy,

I am using TI BA Plus II professional calculator. On calculating TVM problems getting '*' symbol on the top of the answer. Ex: 1601.5*.. and does this have any significance?

Thank you..!

Regards,

1127
@Moneybhai said:
Hi Guy,I am using TI BA Plus II professional calculator. On calculating TVM problems getting '*' symbol on the top of the answer. Ex: 1601.5*.. and does this have any significance? Thank you..!Regards,
This is normal.
* means it is a computed value. Soon as you enter any other value, * will clear off.
1128

@LeoLazer - Thank you..!

1129

A 5-year amortizing security with a par value of $100,000 and a coupon rate of 6.4% has an expected cash flow of $23,998.55 per year assuming no prepayments. The annual cash flow includes interest and principal payment. What is the value of this amortizing security assuming no principal prepayments and a discount rate of 7.8%?

I have assigned the following values:

N=5, I/Y = 7.8%, PMT = 23,998.55 or 6400, FV = 100,000

However the answer given is not matching with calculation based on above values. Should PMT be 23,998.55 or 6400? Missing something here? Kindly suggest.

Regards,

1130
@Moneybhai
What are the options?
1131
-93,672.99
??

1132

@iPrateek - This End of chapter problem. Therefore no choices. However the answer given is $96,326.46...Dude something is missing i guess...Need to understand this? How much value you assigned to PMT? I guess 6,400..

1133

@Moneybhai
where is this question from?
1134
N=5, I/Y = 7.8%, PMT = 23,998.55, FV = 0
Keyword is "amortizing"
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@LeoLazer: Thank you..! I got mislead with the word 'Assuming No prepayments'.

@iPrateek: You will find this problem in Study material 'Fixed income' - Reading 57 'Introdution to the valuation of debt securities'.

1136
@ani_nerd Let me know if you want
1137

hi how many readings are sufficient now that 40 days are left and i still have book 5 of shweser left..i have done accounts and eco pretty well. also i wanted to know what mocks should i give .. schweser has given 2 mock books and plus there is a cd too. besides that..??how are u ppl revising this last month. thanks for all the help in advance ..:)

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@iPrateek said:
hi ..these videos have benn compiled by..? and thanks:)
1139

Hi Guys, Just wanted to check with you on the mock exams. Where can I find free/paid mock exams that give me my percentage score? I am trying to click at the link shared in website of CFA, but not able to see any exams?

1140
Guys
How to tackle Hypothesis testing
1141

@iwantgovtjob

Bhai ek bar bas pad lo.............easy h smjh aa jayng

1142
@mba4mheart said:
@iwantgovtjobBhai ek bar bas pad lo.............easy h smjh aa jayng
3 bar pada nai aaya
1143

Gyz breaking newz............Admit cards are out chk them out

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guys any1 from delhi..how can we change our test centers????? they ve given me greater noida