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Mutual Fund- Closing value of Units
AFM
answered on 16-Oct-24 15:56
Sir, When we separate Dividend & CG , What is the difference between Closing & Opening Value is called
latest answer
Div & CG both are distributions Div is Div Distribution & CG is increase in NAV distribution After doing these two also if there is an increase in Closing NAV as compared to opening - that amount is portfolio appreciate not declared as dividend to Investor
priyadharshini priya
CA Final
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Illustration 13 - Mutual Fund Chapter
AFM
answered on 16-Oct-24 10:54
Please tell me the calculator trick Sir for calculating the IRR faster
latest answer
Assume 10% as first estimate - then do a trial and error with other numbers like 12% and 8% before you do an interpolation exercise
Dilip Kumaran
CA Final
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626
Exam presentation with regards to formula
AFM
answered on 16-Oct-24 06:50
Sir in Exam, we need to write formula is what i understand to get marks, Is it necessary to write the explantion to the components of the formula to get marks,(like should we right say ke = Cost of Equity, g = growth rate, D0 = dividened of Year 0) or just formula is enough
latest answer
No Not required But you have to write d1 = 2x (1+ 20%) and so on
Hemachandra D
CA Final
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609
Computation of margin
AFM
answered on 16-Oct-24 06:53
In the example that you have taken, whether there will be any changes if the market is not in CONTANGO. As in the example taken the market is perfectly in CONTANGO. Whether CONTANGO and BACKWARDATION are independent with the computation of Margin
latest answer
If you are making profits then money in margin increases . So yes margin balance increases Will MTM calls be made No MTN call refers to cases where there is a loss and margin in insufficient In real life, one can withdraw / earns interest on excess money maintained in account
Kavin Cj
CA Final
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614
Minority Interest
AFM
answered on 15-Oct-24 07:20
Sir in the ICAI material, for EV computtation, Minority Interest is added, what minority interest means ?
latest answer
Yes
Hemachandra D
CA Final
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740
Illustration 22 Block Scholes model
AFM
answered on 14-Oct-24 10:58
The shares of TIC Ltd are currently priced at Rs 415 Here in part 2 of the question current price is Rs 380 N(D1) 0.03274 / 0.1100 = negative 0.29767 Why negative value is taken I am not able to understand
latest answer
The Numerator is minus 0.03274 regret that was not printed in the books / pdf
swaminathan sundaram
CA Final
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550
Input for Exams
AFM
answered on 13-Oct-24 20:53
Sir in the exam will the t values will be given along with question ?
latest answer
Yes definitely
Hemachandra D
CA Final
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684
Working capital
AFM
answered on 13-Oct-24 19:19
Sir what is that working capital we get income at year end? Even in earlier sums you did but i could not understand. Why are we taking working capital as an income at year end?
latest answer
We return
S Shriram
CA Final
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280
TERMINAL VALUE
AFM
answered on 13-Oct-24 19:23
Sir terminal value should be computed for the year before the final year ie for 3rd we need to find terminal value at end of yr2. Why is it made at year 3? The answer changes as, when terminal value is being computed in end of yr2, the NPV is -1590
latest answer
Terminal value
S Shriram
CA Final
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283
Serial Correlation or Auto Correlation
AFM
answered on 13-Oct-24 06:39
Let me know if I am right with my understanding >Low Correlation = its Effiecient market = "Level 1" of market efficency which is weak form of efficiencny >High Correlation = its ineffiecient market = which is "not even Level 1", so it will not come under weak form of efficiency or No weak form of efficiency Basically whether its comes under level 1 or Not is what i understand which we achieve from Run test, Just I got confused for the words weak and Not weak, where Not weakly effieciency is being confused as effiecient (that Not = Minus, Weak = Minus, Minus*Minus = +, so its efficient market), which is wrong understanding due to wrong way of reading So i guess "Weak form of effiecient" should be read as Level 1
latest answer
Efficiency
Hemachandra D
CA Final
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476