• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

September 2025 ACCA Exam results

Post comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

10 Ps Ltd

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › 10 Ps Ltd

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • February 8, 2020 at 8:40 pm #561113
    Elmir
    Participant
    • Topics: 10
    • Replies: 15
    • ☆

    Hello sir. In bpp book there is a calculation of N(d1) for black-scholes model
    d1 = 1.998
    d2= 1.898
    N(d1) = 0.5 +0.4767 + 82 /100 (0.4772 – 0.4767)
    My question is why we add the last part. And what mean 82/100 . Thank you sir

    February 9, 2020 at 10:02 am #561146
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54765
    • ☆☆☆☆☆

    In the tables you cannot look up 1.998 precisely.

    What the answer has done is looked up for 1.9 and for 2.0 and then apportioned between the two results. There is no need to do this in the exam – simply rounding to the nearest at looking up for 2.0 is sufficient.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Ken Garrett on Governance – ACCA Strategic Business Leader (SBL)
  • MuoA on The impact of financing (part 2) – ACCA (AFM) lectures
  • kmehri on Conflicts of interest and their resolution – ACCA (AFM) lectures
  • StephenGr on Activity Based Costing Variances – Variance analysis – ACCA Performance Management (PM)
  • anna.toms@bcomiaf.christuniversity.in on Governance – ACCA Strategic Business Leader (SBL)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in