CFA Level 1, June 2013

leolazer · January 5, 2013, 4:31pm

@mjmegha said:
@leolazer yes both are giving the same result but in case we have positive NPV we do not consider IRR so we can accept any project just by considering NPV also. then why to consider both?

Incorrect - you always consider both and more of these types of indicators - by L2 you will start learning, in what situations to use what.

kushalagg · January 5, 2013, 4:49pm

@FeRMioN Yes u r right. That's why I said that B has been chosen as te answer coz both IRR ad NPV point to a positive decision

the_southpaw · January 5, 2013, 5:27pm

@mjmegha said:
@THE_SOUTHPAW Can I make payment via Debit Card?

No.. only credit card .

mjmegha · January 5, 2013, 6:20pm

@FeRMioN Okay..Got it now.. :)

mjmegha · January 5, 2013, 6:21pm

@THE_SOUTHPAW But both credit card and debit card work in a similar manner...

leolazer · January 5, 2013, 7:46pm

@mjmegha said:
@THE_SOUTHPAW But both credit card and debit card work in a similar manner...

Not Actually... The swipe may look similar, but CC and DC work on different principles and have diff codes.

For CFAI acceptance, refer here

http://www.cfainstitute.org/programs/cfaprogram/register/Pages/payment_methods.aspx

mjmegha · January 6, 2013, 6:42am

@FeRMioN If there would have been 25% discount then number of shares issued would be 8000? Would there be any case when number of issued shares would be calculated on face value even if premium or discount would be given?

fermion · January 6, 2013, 10:32am

@mjmegha said:
@FeRMioN If there would have been 25% discount then number of shares issued would be 8000? Would there be any case when number of issued shares would be calculated on face value even if premium or discount would be given?

Shares are generally not issued at discount to FV except in extreme circumstances - but yes, if they were - your reasoning is correct.

Generally as per CFA, Equity / Networth includes the premium/discount and other reserves etc.

mjmegha · January 6, 2013, 10:59am

@FeRMioN Okay..thanks!!

fermion · January 6, 2013, 1:11pm

Anyone willing for weekly Skype sessions for discussion of a particular area / difficulties / typical questions ?

mjmegha · January 6, 2013, 3:07pm

@FeRMioN yup I am but not right now because I have just started my preparation. I guess you are preparing since July.

I have read your post on facebook. You said that the quality of Schweser notes from Om copy is not good. Have you ordered it from somewhere else. I was about to order it tomorrow from Om copy.

anand5787 · January 6, 2013, 3:13pm

guys, can we form a small group on facebook?

we can discuss and share notes if possible

tyranitar · January 6, 2013, 3:37pm

@anand5787 Good Idea

fermion · January 6, 2013, 3:57pm

@mjmegha said:
@FeRMioN yup I am but not right now because I have just started my preparation. I guess you are preparing since July. I have read your post on facebook. You said that the quality of Schweser notes from Om copy is not good. Have you ordered it from somewhere else. I was about to order it tomorrow from Om copy.

I just started my studies also... so looking for like-minded people to discuss with.

Om is not too bad but not too great either... haven't ordered it again yet - just avoid Laxmi (I heard bad things abt him)