[aburrows88]

@dreid8966 said:
Not the questions I expected at all. Thought there would be more on interest/foreign exchange, options, swaps something of that nature.

For question one I got the forward rate as a higher return than the money market but only marginally. About 26 million for raised by the money with an additional 24 million required for the finance. Think I got the APV component correct, remember doing a practice question that was very similar.

Didn’t expect the subject matter for 2 & 3, wasn’t all that confident on the main technical component but had a go, think I might have recovered marks on the discursive components.

One thing I did wonder about question one, did you do much to the Beta project in the initial NPV?

From my reading/recollection the cashflows were already discounted, just needed the initial 50m. taken off? Per recollection I got 5100 npv. With Alpha higher.

Did wonder if this was correct at the time as both had a positive NPV, from the sample questions I’ve done on APV they almost all ended up with a negative NPV, but are accepted due to the loan component

I got positive for both too

[aburrows88]

So glad everyone else is feeling the same on time constraints. This exam is ridiculous. Although the questions them selves I felt were ok, we just didn’t have enough time to answer them. Maybe it will be possible when we are CBE

[aburrows88]

Does anyone know if the option to pick the exam you just sat disappears when waiting for a result? For example if you think you had failed and wanted to get the early discount and rebook? I can’t see F9 any more… Not that I think I’ve failed!

[aburrows88]

47% for me, feel a bit screwed over by the probabilities question

[aburrows88]

@mjibola said:
52% on first attempt.. kinda disappointed with all that score though.. expected it to be higher

Me too! 52% That was painful to study. I felt bad for a bit but then I checked back at the pass rates and it was 37% pass rate in September. So I’m happy!! Be interesting to see what it is this time around.

[aburrows88]

@vixengard said:
Yes a lot of dates and admin elements, also really hard when there are 2 elements to pick because I’m sure they don’t give half marks in section A ?

Nah section A and B are both right or wrong no marks for workings

[aburrows88]

Was this the £560k one? I couldn’t get it either.

[aburrows88]

Personally thought section A was a bit brutal on the dates!

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