Hi harsh, It would be good if you refer core for a better understanding. As far as I'm remembering, fee paying and discretionary a/cs shall be shown in one composite and in rest it can be like discretionary but non fee paying and so on.
Hi harsh,
It would be good if you refer core for a better understanding.
As far as I’m remembering, fee paying and discretionary a/cs shall be shown in one composite and in rest it can be like discretionary but non fee paying and so on.
Yes, Balsys has violated standard 3(e) by mentioning client name. If he had only mentioned to his friend that one of his client is interested in donating funds for environmental cause then it wouldn't have been a violation. I hope this helps you!
Yes, Balsys has violated standard 3(e) by mentioning client name. If he had only mentioned to his friend that one of his client is interested in donating funds for environmental cause then it wouldn’t have been a violation.
Hi Mahek, A would have been the answer if the information was leaked unintendedly but here Kind has deliberately told Kalchin to buy shares of Westtown and Kalchin later enquired whether the news is genuine or not so, the best choice seems to be option C I hope this does help you!
Hi Mahek,
A would have been the answer if the information was leaked unintendedly but here Kind has deliberately told Kalchin to buy shares of Westtown and Kalchin later enquired whether the news is genuine or not so, the best choice seems to be option C
Prior transaction method can be considered as a transaction where the co., in talk has previously sold one of his own unit. It's like a conglomerate had already sold one part of his business previously. I hope this explanation helps you!
Prior transaction method can be considered as a transaction where the co., in talk has previously sold one of his own unit.
It’s like a conglomerate had already sold one part of his business previously.
Solomon is expecting int rate to cross 0.85% after six months and so to hedge himself he's looking for call options on int rates. Fra's are the underlying with 3months to expiration trading at 0.60% whereas int rate call for 3months after 6months whose underlying is fra is trading at 0.75% and as hiRead more
Solomon is expecting int rate to cross 0.85% after six months and so to hedge himself he’s looking for call options on int rates. Fra’s are the underlying with 3months to expiration trading at 0.60% whereas int rate call for 3months after 6months whose underlying is fra is trading at 0.75% and as his view is for 3months after 6months he will consider 0.75% as an appropriate fra benchmark. If after 6months int rates breach 0.85% then he will gain by receiving the difference b/w the actual rate after 6months minus 0.85%
Consider this as sum of parts and whole, sum of parts may have risk embedded in it but as a whole the risk gets cancel out. I hope you are ok with this.
Consider this as sum of parts and whole, sum of parts may have risk embedded in it but as a whole the risk gets cancel out.
You might have heard ki option buyer ko volatility pasand h either call or put, if vol falls price for both types of option falls & we know call price is subtracted from st bond price to compute callable bond price & put price is added to st bond price to compute putable bond price. Now, ifRead more
You might have heard ki option buyer ko volatility pasand h either call or put, if vol falls price for both types of option falls & we know call price is subtracted from st bond price to compute callable bond price & put price is added to st bond price to compute putable bond price.
Now, if vol falls price of option will fall which means price of callable bond will rise & price of putable bond will fall.
Consider 4.37 to be coupon & disc it with their respective spot rates, for ex., 4.37/(1.03)² store these values in STO 1 to 4, add these values & subtract it from 100, the resultant value is your PV, 104.37 is your FV, 5 N & CPT I/Y Try it once and you will understand. Thank you!
Consider 4.37 to be coupon & disc it with their respective spot rates, for ex., 4.37/(1.03)² store these values in STO 1 to 4, add these values & subtract it from 100, the resultant value is your PV, 104.37 is your FV, 5 N & CPT I/Y
Composites
Hi harsh, It would be good if you refer core for a better understanding. As far as I'm remembering, fee paying and discretionary a/cs shall be shown in one composite and in rest it can be like discretionary but non fee paying and so on.
Hi harsh,
It would be good if you refer core for a better understanding.
As far as I’m remembering, fee paying and discretionary a/cs shall be shown in one composite and in rest it can be like discretionary but non fee paying and so on.
See lessCFAI Mock test Question
Yes, Balsys has violated standard 3(e) by mentioning client name. If he had only mentioned to his friend that one of his client is interested in donating funds for environmental cause then it wouldn't have been a violation. I hope this helps you!
Yes, Balsys has violated standard 3(e) by mentioning client name. If he had only mentioned to his friend that one of his client is interested in donating funds for environmental cause then it wouldn’t have been a violation.
I hope this helps you!
See lessEthics – Insider trading , Why is C the answer but not A here?
Hi Mahek, A would have been the answer if the information was leaked unintendedly but here Kind has deliberately told Kalchin to buy shares of Westtown and Kalchin later enquired whether the news is genuine or not so, the best choice seems to be option C I hope this does help you!
Hi Mahek,
A would have been the answer if the information was leaked unintendedly but here Kind has deliberately told Kalchin to buy shares of Westtown and Kalchin later enquired whether the news is genuine or not so, the best choice seems to be option C
I hope this does help you!
See lessPrivate Company Valuation
Prior transaction method can be considered as a transaction where the co., in talk has previously sold one of his own unit. It's like a conglomerate had already sold one part of his business previously. I hope this explanation helps you!
Prior transaction method can be considered as a transaction where the co., in talk has previously sold one of his own unit.
It’s like a conglomerate had already sold one part of his business previously.
I hope this explanation helps you!
See lesscallable and putable bonds
Yes it benefits the issuer of call option bc they get an opportunity to call the bonds by refinancing at a lower rate. I hope this helps you!
Yes it benefits the issuer of call option bc they get an opportunity to call the bonds by refinancing at a lower rate.
I hope this helps you!
See lessValuation of Contingent Claims
Solomon is expecting int rate to cross 0.85% after six months and so to hedge himself he's looking for call options on int rates. Fra's are the underlying with 3months to expiration trading at 0.60% whereas int rate call for 3months after 6months whose underlying is fra is trading at 0.75% and as hiRead more
Solomon is expecting int rate to cross 0.85% after six months and so to hedge himself he’s looking for call options on int rates. Fra’s are the underlying with 3months to expiration trading at 0.60% whereas int rate call for 3months after 6months whose underlying is fra is trading at 0.75% and as his view is for 3months after 6months he will consider 0.75% as an appropriate fra benchmark. If after 6months int rates breach 0.85% then he will gain by receiving the difference b/w the actual rate after 6months minus 0.85%
I hope this piece of information helps you!
See lessMafadi Case Scenario
Consider this as sum of parts and whole, sum of parts may have risk embedded in it but as a whole the risk gets cancel out. I hope you are ok with this.
Consider this as sum of parts and whole, sum of parts may have risk embedded in it but as a whole the risk gets cancel out.
I hope you are ok with this.
See lessFixed Income
Sorry, I read it wrong. You can look to what Shubham is saying.
Sorry, I read it wrong. You can look to what Shubham is saying.
See lessFixed Income
You might have heard ki option buyer ko volatility pasand h either call or put, if vol falls price for both types of option falls & we know call price is subtracted from st bond price to compute callable bond price & put price is added to st bond price to compute putable bond price. Now, ifRead more
You might have heard ki option buyer ko volatility pasand h either call or put, if vol falls price for both types of option falls & we know call price is subtracted from st bond price to compute callable bond price & put price is added to st bond price to compute putable bond price.
Now, if vol falls price of option will fall which means price of callable bond will rise & price of putable bond will fall.
Therefore, ans to this question is option B.
I hope you find this helpful.
See lessTerm Structure
Consider 4.37 to be coupon & disc it with their respective spot rates, for ex., 4.37/(1.03)² store these values in STO 1 to 4, add these values & subtract it from 100, the resultant value is your PV, 104.37 is your FV, 5 N & CPT I/Y Try it once and you will understand. Thank you!
Consider 4.37 to be coupon & disc it with their respective spot rates, for ex., 4.37/(1.03)² store these values in STO 1 to 4, add these values & subtract it from 100, the resultant value is your PV, 104.37 is your FV, 5 N & CPT I/Y
Try it once and you will understand. Thank you!
See less