2005 Exam Discussion: General
Question List
Ethics (1-6) 1 2 3 4 5 6
Quant (7-12) 7. Null vs Alt Hypothesis of returns. (2 tailed test) 8. Null vs Alt Hypotehsis of returns (1 tailed test) 9. Evaluate statement on Type I vs Type II error - Correct 10. Paired comparisans test nonsense? - Correct 11. Paired comparisans test theory? - Correct 12. Parametric vs. Non parametric
Corporate Finance (13-18) 13. Discounted Payback - Correct 14. 15. Disguised IRR question. - Correct 16. How slope of NPV profile changes as depn method changes. - Correct 17. Evaluate statement which supervisor said. 18. Evaluate which project to accept/reject using EAV? - Correct
FSA (19-30) 19 20 21 22 23 24
25 26 27 28 29 30
Equities (31-42) 31 32 33 34 35 36.
37. Calculate FCFF 38. Calculate FCFF - FCFE. 39. Calculate MV of firm? 40 41 42
Debt (43-48) 43. 44. Bond duration being affected? 45. Municipal Bond Credit Risk? - Correct 46 47 48
Derivatives (49-54) 49 50 51 52 53 54
Porfolio Management (55-60) 55. Calculate correlation (rho) - Correct 56. Calculate the porfolio s.d. - Correct 57 58. Choose which statement was least correct? 59. Evaluate statement? 60. Evaluate statement?
Afternoon 8181? Ethics (1-6) 1. Analyst decided not to sell the stock after board meeting. 2 3 4 5 6
Economics (7-12) 7 8 9 10. Value of EUR future 11. If fisher holds calculate EUR int rate 12. If fisher holds, ER risk is inflation uncertainty? Incorrect
Corporate Finance (13-18) 13. EPS using cash offer 14. EPS using equities offer 15. NPV to target. 16. NPV to acquirer. 17.Statement on EPS bootstrapping 18.
FSA (19-30) 19. LIFO vs FIFO ratios 20. LIFI vs FIFO ratios (something on div payout ratio) Correct 21 22 23. 24.
25. Pension liability? Correct 26. Pension expense? Correct 27 28 29. Calculate translation gain/loss? Wrong 30
Equities (31-42) 31 32 33. Some economic growth theory? Correct 34. What strategy does the firm adopt. Correct 35. Risk factors least affecting the firm. Correct 36
37. Comments on EVA and ROE. Correct 38. Something related to P/B Correct 39. Calculate RI Correct 40. Calculate NOPAT Correct 41. Calculate $WACC Correct 42.
Derivatives (43-48) 43. The value of the swaption is the greater of Zero or... Correct 44. Calculate value of the swaption Correct 45. Should the manager sell the Eurobor bond? 46. Exploiting the arbitrage opportunity. Correct 47. Put call parity Correct 48. Future price of the bond. Correct
Debt (49-54) 49. 50 51 52 53 54
Porfolio Management (55-60) 55. Something on tax concerns and liquidity risk? Correct 56. Liquidity risk related to assets? Incorrect 57. 58. Ability to tolerate risk? Incorrect 59. IPS statement should contain the following line... Incorrect 60
Questions on the exam that were from textbook questions:
The Hypothesis Testing, The FCFF/E, The P/B, Pretty much all the derivatives , The EVA , The Convertible, and of course the DDM. However, the Accounting questions, particularly the Multinational didn't resemble one question I remember doing in the Sondi, et al. book. I was totally expecting an abbreviate BS, IS, etc. to convert and then interpert the ratios, etc. but it never happened.
Calculating FX rates using interest rate parity and purchasing power parity
Miscellaneous Questions
swaption, the industrie analysys and difference with IAS and US pension
Rules to Remember
H Model
General Discussion
Ethics (1-6) 1 2 3 4 5 6
Quant (7-12) 7. Null vs Alt Hypothesis of returns. (2 tailed test) 8. Null vs Alt Hypotehsis of returns (1 tailed test) 9. Evaluate statement on Type I vs Type II error - Correct 10. Paired comparisans test nonsense? - Correct 11. Paired comparisans test theory? - Correct 12. Parametric vs. Non parametric
Corporate Finance (13-18) 13. Discounted Payback - Correct 14. 15. Disguised IRR question. - Correct 16. How slope of NPV profile changes as depn method changes. - Correct 17. Evaluate statement which supervisor said. 18. Evaluate which project to accept/reject using EAV? - Correct
FSA (19-30) 19 20 21 22 23 24
25 26 27 28 29 30
Equities (31-42) 31 32 33 34 35 36.
37. Calculate FCFF 38. Calculate FCFF - FCFE. 39. Calculate MV of firm? 40 41 42
Debt (43-48) 43. 44. Bond duration being affected? 45. Municipal Bond Credit Risk? - Correct 46 47 48
Derivatives (49-54) 49 50 51 52 53 54
Porfolio Management (55-60) 55. Calculate correlation (rho) - Correct 56. Calculate the porfolio s.d. - Correct 57 58. Choose which statement was least correct? 59. Evaluate statement? 60. Evaluate statement?
Afternoon 8181? Ethics (1-6) 1. Analyst decided not to sell the stock after board meeting. 2 3 4 5 6
Economics (7-12) 7 8 9 10. Value of EUR future 11. If fisher holds calculate EUR int rate 12. If fisher holds, ER risk is inflation uncertainty? Incorrect
Corporate Finance (13-18) 13. EPS using cash offer 14. EPS using equities offer 15. NPV to target. 16. NPV to acquirer. 17.Statement on EPS bootstrapping 18.
FSA (19-30) 19. LIFO vs FIFO ratios 20. LIFI vs FIFO ratios (something on div payout ratio) Correct 21 22 23. 24.
25. Pension liability? Correct 26. Pension expense? Correct 27 28 29. Calculate translation gain/loss? Wrong 30
Equities (31-42) 31 32 33. Some economic growth theory? Correct 34. What strategy does the firm adopt. Correct 35. Risk factors least affecting the firm. Correct 36
37. Comments on EVA and ROE. Correct 38. Something related to P/B Correct 39. Calculate RI Correct 40. Calculate NOPAT Correct 41. Calculate $WACC Correct 42.
Derivatives (43-48) 43. The value of the swaption is the greater of Zero or... Correct 44. Calculate value of the swaption Correct 45. Should the manager sell the Eurobor bond? 46. Exploiting the arbitrage opportunity. Correct 47. Put call parity Correct 48. Future price of the bond. Correct
Debt (49-54) 49. 50 51 52 53 54
Porfolio Management (55-60) 55. Something on tax concerns and liquidity risk? Correct 56. Liquidity risk related to assets? Incorrect 57. 58. Ability to tolerate risk? Incorrect 59. IPS statement should contain the following line... Incorrect 60
Questions on the exam that were from textbook questions:
The Hypothesis Testing, The FCFF/E, The P/B, Pretty much all the derivatives , The EVA , The Convertible, and of course the DDM. However, the Accounting questions, particularly the Multinational didn't resemble one question I remember doing in the Sondi, et al. book. I was totally expecting an abbreviate BS, IS, etc. to convert and then interpert the ratios, etc. but it never happened.
Calculating FX rates using interest rate parity and purchasing power parity
Miscellaneous Questions
swaption, the industrie analysys and difference with IAS and US pension
Rules to Remember
H Model
General Discussion
posted by jajabin at
2:06 PM
0 Comments:
Post a Comment
<< Home