December 9, 2010 at 9:17 am #46803
Please share your comments about P4 exam!
Vote in our instant poll!
[polldaddy poll=4204720]December 9, 2010 at 11:03 am #73971
First vote I tookDecember 9, 2010 at 11:34 am #73972
Why nobody give comments? I am very nervousDecember 9, 2010 at 11:56 am #73973
oh be patient, comments will come,
so how was this exam for you?December 9, 2010 at 11:59 am #73974
Yea, exams are not over yet in some countries
I’m waiting as well. I failed this paper last sitting and dropped it for P5(due tomorrow!) but I do want to know what came out this time with the new examiner.December 9, 2010 at 12:03 pm #73975
Did not really do well on first question, was a disaster even though all the questions are the kind I have studied and done before. I had insomia for the whole night without exaggerating and that made my mind became so blurred for the first question.
I know there are some free cash flows calculations for the first question but I did not have the time to do it, same for question two, I know how to exactly calculate PV of the tax relief, tax loss, interest etc on the cheap loan and discount at the same risk of the loan.
By this I have given up about 10 marks approximately, which I think is very very important and will make a difference in my life. (graduation, salary increment, etc.)December 9, 2010 at 12:32 pm #73976
who voted easy? seriously?December 9, 2010 at 1:15 pm #73977
it was pure disaster for me. I didn’t expect this, if I could I would rather have written June’s exam, it was way easier compared to this one. Seriously all the questions took me a long time just to read through.December 9, 2010 at 2:11 pm #73979
I would not call it a Disaster. But it was easy than the last june 2010 Exam.because it was offering at least 50 marks if you done 100. or you may hope for 50 this time
Question 1 part c MBO was difficult.
Another positive point include arround 60 marks for calculation.December 9, 2010 at 2:13 pm #73980
Most of my colleges also feel stuck in Q1 like myself. Honestly, I think that the paper rather bit easy, esp. when comparred to the last ones by Bob. But like every exam, time is always the critical problem. Spend too much on calculations and less time to cover those narrative questions. I miss about ~10 pts, but also not confident about the narrative answers.
Seems that Kaplan tips sent by some guy last night has guessed right in both compulsory questions.
Anyways, finger cross! Until now, just relax and celebrateDecember 9, 2010 at 2:14 pm #73981
bob ryan was better i guess,
long detailed calculationsssssssssssssssssssssssss…so much time taking…
more analytical and time consuming
n I couldnt absorb the time pressure..December 9, 2010 at 2:16 pm #73982
A lot was expected from this new examiner, paper should have been reasonable for the first time, buhhhhhh…………………….!December 9, 2010 at 2:17 pm #73983
it was tricky and I felt you could see the new examiner stamp his own mark on it.
The questions were longwinded, needlessly so. I really do not see what value having huge questions brings to the suject. The technicalities of this subject are hard and time pressured enough.
I think he wanted us to use out initiative on what was required. Instead of saying “use market value” he just said value.
I had more chance of treading in rocking horse 5hit on the walk home then I did passing that exam. Roll on June 2011.December 9, 2010 at 2:33 pm #73984
OH my !!! who made this paper, first question on 35 marks? it looks like atleast 50 marks quesition……. cocks n bull story. first section both questions were tough… other question were ok and what was last question, it was a general question…looks like of p3 paper or p1….
anyways unexpected paper …… It should be given loose marking.. other wise … disaster.. ………for me atleast 50/50 for me…..December 9, 2010 at 2:37 pm #73985
Didn’t do so good….can anyone tell me if i’ll get penalised much for using NPV instead of APV for Q2?December 9, 2010 at 2:38 pm #73986
It was better than last June sitting. I performed well in Q 2-4 and didn’t write anything in Q1. I couldn’t calculate value of the firm, very doubt of income position and cash required. So part 4 was missed.
the rest 3 Q were very time consuming but easy. I didn’t think, just write what I knew and ran out of time.
Don’t want to fail again. How to pass with 3 questions out of 4?December 9, 2010 at 2:41 pm #73987
i think you wont get penalised but will not get marks for not calculating present value of financing side effects and stuffDecember 9, 2010 at 2:46 pm #73988
The questions were reasonably fine, except some bits, but it was simply impossibe due to the time!!!! I lost plenty of time reading the questions and had really no time left to answer them although I knew how to do most of it!!!
I really would like to know what a person has to do to pass this exam!
It´s the worst exam I´ve ever taken!!! I won´t get more than 40 marks, so June 2011 for sure!December 9, 2010 at 3:07 pm #73989
Better than last sitting. We’ll keep our fingers crossed. Q1 though was crazy and verbose!December 9, 2010 at 3:14 pm #73990
This was probably a 4 hour paper atleast! Huge amount of reading time with small bits of info everywhere.
I assume Q2 was APV?
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