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CF for end of period

AFM

asked 2 hrs ago

Sir, When a bond is mandatorily converted into equity shares at end of its maturity, Will the cashflow at end be the conversion value? [Video Time Stamp: 06:32]

latest answer

No answers yet!!

SANJITHA

CA Final

5

0

1

Cap Option

AFM

asked 2 hrs ago

Suppose as on 31st March LIBOR is 9% (i.e. applicable for June Interest payment ) Now RIL want to limits its interest rate to 8%. Why the bank will agree to compensate 1% as they allready know the LIBOR as on 31st March. Instead bank will not enter into such option agreement. What is the logic behind bank will enter into such option contract even though knowing the LIBOR each other. [Video Time Stamp: 12:35]

latest answer

No answers yet!!

G Chandrakanta

G Chandrakanta

CA Final

15K+

0

1

Co variance matrix

AFM

asked 3 hrs ago

Sir if formula for co variance is (b1)(b2)(variance of market) then for AA, isn't it (0.8)(0.8)(15)^2 [Video Time Stamp: 08:12]

latest answer

No answers yet!!

Nitin Raj

Nitin Raj

CA Final

270

0

0

Yield as on 30/06/18

AFM

answered 3 hrs ago

Sir, we computed PV as on 30/06/2018 by discounting yield % as on 01/03/2018. Don't we need yield as on 30/06/2018. Though it is not provided in question, what is the correct way of doing. [Video Time Stamp: 06:49]

latest answer

no. We assume same Yield is applicable for all future periods from 1/3 till maturity of bond. that is underlying assumption of YTM or IRR

SANJITHA

CA Final

5

1

5

LIBOR and ARR

AFM

answered 11 hrs ago

Sir here what it means Secured and Unsecured nature? [Video Time Stamp: 10:49]

latest answer

Yes they are benchmarks You can add spread if a borrowing is secured but bench mark is unsecured

G Chandrakanta

G Chandrakanta

CA Final

15K+

3

8

In Devaluation any decrease .?

AFM

answered 23 hrs ago

is any example which is decrease in case of devaluation.? [Video Time Stamp: 07:30]

latest answer

Devaluation will have impact like what we discussed in class. It cannot have opposite impact

Vinod Kumawat

Vinod Kumawat

CA Final

260

1

7

Yield calculation

AFM

answered 1 day ago

Sir, in second part, while computing yield at Price = 97.60, when 4 decimal points are taken for PVF, I arrive at exact Rs. 97.60 at 12% yield. Is the answer for 12.00% correct in exam perspective?

latest answer

Depends on question how many decimals they ask you to use

SANJITHA

CA Final

5

1

6

Illus 6 & illus 36

AFM

answered 1 day ago

Sir, In these both sums, exchange ratio is in line with Market price. What if they are not - in such case how should I compute the Market cap post merger...especially value of Target company - in which of the following way should I compute: 1. Sum of : M.C of Acq. company = Pre merger shares*M.P.S M.C of target company = Pre merger shares of Target*M.P.S of Target Synergy 2. Revised no of shares post merger*M.P.S of Acq company + Synergy [Video Time Stamp: 06:08]

latest answer

In such cases they will specify more clearly what they want. They may give indications of post merger PE or price If nothing is mentioned you can solve using both methods and write as alternative solution

Swathi S

Swathi S

CA Final

975

1

11

Cross Currency

AFM

answered 1 day ago

Hi Sir, Good day! I have solved in the following manner, please correct me if the steps are wrong 1) Sold USD bought EUR at $1=EUR 1.44 We will have $1000,000 *1.44= EUR14,40,000 2) Sold EUR and bought USD from market at ask price of 1.445 we will have 14,40000/1.445= $996539.79. Loss = sold 996529.79-1000000= $3460.21 3) Loss in INR using ask rate as we are the dealer and would sell $ at higher rate at 31.45 $3460.21*31.45= 108823.60 [Video Time Stamp: 17:54]

latest answer

Hi Varshini, This is correct. But i think i explained in the video you will have to buy back 1 Mio USD and for that you will require more Euro ICAI has solved questions line what i mentioned above

Varshini Rao

Varshini Rao

CA Final

35

1

5

Serial correlation

AFM

answered 1 day ago

In illustration 3, Logic behind >40% is not weak, what is the criteria or corr percentage can be considered as weak? sir

latest answer

Based on market behaviour over time and not based on any formulae

Tharun .M

Tharun .M

CA Final

4K+

1

5