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Forex - illustration 51
AFM
answered on 06-Sep-24 23:39
Q.67 , Sir in this question can u explain why 1.255 rate is taken ? , we have 1253.95 CAD , means we need to sell CAD and buy USD , so why ask rate of 1.26 is not taken taken.
latest answer
Thank you sir
Enuguru Sai Nithin
CA Final
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2
277
VIDEOS QUERY
AFM
answered on 11-Sep-24 11:16
I did watch this chapter fully and now it showing that 5 more videos is there to watch, but in the list only one video is showing as not watched. My doubt is that if you change any content is already seen & completed video would it be considered as not seen , if so any content is changed how can i find it. Because as i have completed seeing the video it turns to green (completed) and any changes made by you in the seen video , can't be identified separately. Please help to identify the videos which has any modification.
latest answer
Hi, Please find attached a list of Videos of AFM that were corrected / replaced in the last 1 year. We are sending this email to all students today. Thanks a lot for highlighting this
Mohanbabu N
CA Final
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6
423
Cap options
AFM
answered on 02-Sep-24 09:51
Sir, in this question, we have taken cap only for three periods of six month, but why are we discounting for four periods for the purpose of calculating premium on option please clarify
latest answer
Because premia is paid for 3 period for which cap is relevant - for 1st period the rate is already decided hence there will be no caplet for it However premia is paid upfront for entire period of loan. hence for all 4 periods one needs to discount it
kabilan sam
CA Inter
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1
380
Calculation of Dividend
AFM
answered on 02-Sep-24 09:50
The dividend yield is given as 4.8% per annum. So, while calculating the yield on 50% of the stock, why did we calculate using 4.5% instead of 4.8%*6/12? Why have we consider the per annum yield?
latest answer
Diff companies pay dividend at diff times, Hence i assumed that 50% of companies paid full dividend. You can also assume like what you mentioned
Deepak Jain
CA Final
★ 0
5
394
Forex - Fate of forward contracts
AFM
answered on 03-Sep-24 12:49
Sir, in case of cancellation on due date, why is interest not calculated ? because if in interbank if bank had agreed to buy , now on due date it has to honor the contract , so it needs to BUY and SELL @ spot rate on the same date , there is inflow and outflow right ? can u please explain why interest is not considered.
latest answer
Thank you sir
Enuguru Sai Nithin
CA Final
★ 78K+
2
371
Nastro account
AFM
answered on 01-Sep-24 20:31
Sir, in this sum why are we adding draft on London cancelled to over bought position? It should be other way around right please clarify.
latest answer
When a draft issued to a customer you have sold gbp to a customer. When it is cancelled reverse happens
kabilan sam
CA Inter
★ 3K+
1
356
Question assumption
AFM
answered on 01-Sep-24 20:35
Sir , In exam when reading the question if I understand, for example in the question says that , " the company retains 50% of its earnings which are Rs.10 per share" as 50% of retained earnings is Rs.10 so the 100% EPS is Rs.20. by giving the note in assumption ?
latest answer
Yes Sir 🙌
Prethivi Rajan
CA Final
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4
224
Portfolio Beta after 3 Months
AFM
answered on 01-Sep-24 20:35
In this Illustration, it has been asked that to determine the Portfolio Beta after 3 months. So after 3 months, the Portfolio Value of Equity shares will be after adjusting the decline if 3.2%. Isn't it?
latest answer
Yes
Deepak Jain
CA Final
★ 0
2
338
Currency conversion
AFM
answered on 31-Aug-24 04:18
Sir, in this sum can be directly divide 14,40,000 € by 1.445 and reduce the balance with 10,00,00 dollars and at loss if that is the case, then total loss will be dollar3472.22 but in this, given sum the loss is dollar 3472.22 there is a difference of $12 in loss. Please clarify the same.
latest answer
That is one way and icai should award marks in ideal scenarios, but wrt currency markets especially when u enter into a usd contract originally you will square it by reversing the org transaction and not disposing what u have
kabilan sam
CA Inter
★ 3K+
1
303
spelling
AFM
answered on 02-Sep-24 18:10
By using interest..................
latest answer
corrected - thanks
ezy pan
CA Final
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2
305