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Computation of NAV - Dividend Equalization cases
AFM
answered on 18-Sep-26 13:21
Sir, While computing the NAV, we have not taken into account, the income which we have computed under part 1 i.e. 102.717 lakhs. Instead we have taken the income given in the question i.e. 22.95+34.425+45.45 = 102.825. As far as I understand the impact of dividend equalization is factored in the issue price and in the repurchase price. If that is true, should we not remove the impact of dividend equalization in the dividend paid amount shown in NAV computation i.e. 70% of 102.825 instead of what we have computed in the part 1 which includes dividend equalization income i.e. 70% of 102.717 = 71.9019 [Video Time Stamp: 21:09]
latest answer
Look at it from a CF perspective, what did you receive and what did you pay out Step 1: Income is fully received - accounted for Step 2: Dividend what is actually paid out accounted for Step 3 :At time of fresh investment or redemption, we have accounted for actual inflow from new investor or actual outflow to leaving investor What you are suggesting has already been done when we accountd for investments in and out in step 3 above
Gokul
CA Final
★ 5K+
1
51
Indas 115
Financial Reporting
answered on 18-Sep-26 16:03
In point 5 in non current calculation it should be 6 months only know i.e. Rs. 33,750 because the period of 6 month is already expired between 1st October 2017 to 31st March 2018. In the remaining 18 months, 12 months pertains to current and 6 month is only for non current. But instead they have taken 11 month for non current. Is the institute answer correct or my view point is correct? Please explain.
latest answer
Current liability portion would be for 12 months and non current would be for 6 months.
Kaushik A
CA Final
★ 3K+
1
49
Ethics
CFA
answered on 17-Sep-26 10:41
Sir, is the ethics practice handbook , attached here, helps us prepare well for the ethics portion or not as such,
latest answer
Yes but this is too intense
Kaarthick Abishek
CFA L1
★ 0
1
56
Division of (Market price - Straight price)
AFM
answered on 17-Sep-26 15:36
Sir, in the p600+, in the answer of the (ii) point you've divided the (MP - Straight price) by 235 and also simultaneously you've divided it by 265! In the lecture you've said that, it shouldn't be divided by 235 Do i strike off the 235 part in the P600+ book ?? [Video Time Stamp: 06:09]
latest answer
Okay sir, thank you so much
G Mohammed Mushtaq
CA Final
★ 15K+
4
49
Direction sense test
Maths & Stats
answered on 17-Sep-26 13:48
A man is facing East, then he turns left and goes 10 m, then turns right and goes 5 meters then goes 5 meters to the South and from there 5 meters to West. In which direction is be from his original place? (a) East (b) West (North (d) South [Video Time Stamp: 08:49]
latest answer
Where?
U.S. ARUN
CA Foundation
★ 0
3
72
Direction sense test
Maths & Stats
answered on 17-Sep-26 11:00
Arun started from point A and walked 10 km East to point B. He then turned North and walked 12 km to point C. He then turned East and walked 10 km to point D. He then turned South and walked 3 km to point F. In which direction is F from the starting point A?" [Video Time Stamp: 08:48]
latest answer
Wat s your query here - did you get the answer or not? If not where are you getting stuck
U.S. ARUN
CA Foundation
★ 0
1
53
subsidiary default in end of 4 th year,
Financial Reporting
answered on 16-Sep-26 21:23
Sir what if the subsidiary default in end of 4 th year, what's the journal entry if *Contract to repay to holding Comp if subsidiary defaults exist, * No Contract to repay to holding exists if subsidiary defaults, Opening Bal in 4th year, financial liability 1,25,000.
latest answer
Yes.
Shinisha Rose R
CA Final
★ 5K+
3
25
Covered and uncovered int rate parity
CFA
answered on 20-Sep-26 17:03
Please tell me whether i understood these concepts correctly both of this concept try to adress the same issue which is relationship between Intrest rates and exchange rates right? So if Country A int rate is 10% Country B int rate is 8% Here they say the country A currency will depriciate by 2%[10-8] But in practice when Rf rates are inc by Central banks we often see their currency suddenly appriciate pls explain
latest answer
Yes you are rigjt
Dhakshana Dhakshana
CFA L2
★ 18K+
3
50
Economics Fx exchange
CFA
answered on 16-Sep-26 11:12
The nominal rate means the rate of intrest without considering the impact of inflation right? Its just the stated int rate but there is a formula to find nominal Nominal = real + inflation So by definition of nominal rate we should not consider inflation here right we our nominal formula has accounted for inflation in it?
latest answer
No nominal includes inflation
Dhakshana Dhakshana
CFA L2
★ 18K+
1
36
Ecomonics Ex rates
CFA
answered on 15-Sep-26 17:01
Let's say €/$ is 1.5 here € is price currency and $ Is base So this means to buy 1$ i need to pay 1.5€ that also means If i sell 1$ i will recive 1.5€???
latest answer
There are bid and ask rates too But if u ignore that what u say is right
Dhakshana Dhakshana
CFA L2
★ 18K+
1
68