@mjmegha said:@Estallar12 Okay btw low quality in terms of what? visibility?
Haan. Clarity.
@TONYMBA said:that's the reply i was waiting for.....actually i couldnot interpret well this "qualified investment work experience" in their website...so what kind of work experience will be considered to obtain charter
From CFAI website
- Evaluating or applying financial, economic, and/or statistical data as part of the investment decision-making process involving securities or similar investments, which includes, but is not limited to, publicly traded and privately placed stocks, bonds, and mortgages and their derivatives; commodity-based derivatives and mutual funds; and other investment assets, such as real estate and commodities, if these other investment assets are held as part of a diversified, securities-oriented investment portfolio; or
- Supervising, directly or indirectly, persons who practice such activities; or
- Teaching such activities.
eg: Actuary, Auditor, Portfolio Manager, Quantitative Investment Analyst, Securities Underwriter, Consultant (very specific to Invstt banking) etc
- Evaluating or applying financial, economic, and/or statistical data as part of the investment decision-making process involving securities or similar investments, which includes, but is not limited to, publicly traded and privately placed stocks, bonds, and mortgages and their derivatives; commodity-based derivatives and mutual funds; and other investment assets, such as real estate and commodities, if these other investment assets are held as part of a diversified, securities-oriented investment portfolio; or
- Supervising, directly or indirectly, persons who practice such activities; or
- Teaching such activities.
eg: Actuary, Auditor, Portfolio Manager, Quantitative Investment Analyst, Securities Underwriter, Consultant (very specific to Invstt banking) etc
@leolazer said:From CFAI website- Evaluating or applying financial, economic, and/or statistical data as part of the investment decision-making process involving securities or similar investments, which includes, but is not limited to, publicly traded and privately placed stocks, bonds, and mortgages and their derivatives; commodity-based derivatives and mutual funds; and other investment assets, such as real estate and commodities, if these other investment assets are held as part of a diversified, securities-oriented investment portfolio; or- Supervising, directly or indirectly, persons who practice such activities; or- Teaching such activities.eg: Actuary, Auditor, Portfolio Manager, Quantitative Investment Analyst, Securities Underwriter, Consultant (very specific to Invstt banking) etc
Check this out
Very Very Useful for anyone thinking about CFA...
http://www.cfainstitute.org/about/membership/process/Pages/work_experience_assessment.aspx
Very Very Useful for anyone thinking about CFA...
http://www.cfainstitute.org/about/membership/process/Pages/work_experience_assessment.aspx
hi guysi am doing my mba finance (1st year) from NMIMS. I have decided to prepare from CFA. Can anyone of you please email the notes or pdf?
I shall be highly grateful to you
I shall be highly grateful to you
What would be the number of shares issued?
if Equity= $60,000
Face value= $10 and Equity shares are issued at a premium of 25%.
@mjmegha
i am looking for level 1 material but here they mentioned L2 link, can you please give me the level 1 link?
is there anyone with 2013 cfa curriculum
Should a company accept a project that has an IRR of 14% and an NPV of
$2.8 million if the cost of capital is 12%?
A. Yes, based only on the NPV.
B. Yes, based on the NPV and the IRR.
C. No, based on both the NPV and IRR.
$2.8 million if the cost of capital is 12%?
A. Yes, based only on the NPV.
B. Yes, based on the NPV and the IRR.
C. No, based on both the NPV and IRR.
@mjmegha said:Should a company accept a project that has an IRR of 14% and an NPV of$2.8 million if the cost of capital is 12%?A. Yes, based only on the NPV.B. Yes, based on the NPV and the IRR.C. No, based on both the NPV and IRR.
B
@FeRMioN Why not A? If we have positive NPV then we can accept the project without considering IRR because both give us same results.
@mjmegha I think
In NPV calculation, the rate at which the cash flows are reinvested are assumed at WACC which may not be the correct evaluation. Therefore NPV and IRR gives better picture when calculating the feasibility of the project. Hence B