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- March 7, 2020 at 11:50 am #564790
@aadil1234 said:
Can anyone tell me about the concept of margin that if we have a gain in mark to market so can we get that gain in the form cash or we can also increase our contracts from that gain if we choose not take the cash inexchange of the gain?i can’t remember the mark allocated to this part. but the concept of margin is broker/commission house requesting dealer to deposit say $1350 per contract and say contract =10 hence, $13500 is deposited.
also, there maintenance account which dealers need to maintain say = initial margin. daily profit/loss is calculated on future and added to the account.
if loss is made say 15 ticks and tick value= $20 then maintenance account will be reduced by 10*$20*15 tick=$3000 (13500-3000=$10500 this is lower than required maintenance margin of $13500)
dealer will be requested to pay $3000 (maintenance variation) and if refused = default hence the account is closed.
i hope that helps.
March 7, 2020 at 11:49 am #564789i can’t remember the mark allocated to this part. but the concept of margin is broker/commission house requesting dealer to deposit say $1350 per contract and say contract =10 hence, $13500 is deposited.
also, there maintenance account which dealers need to maintain say = initial margin. daily profit/loss is calculated on future and added to the account.
if loss is made say 15 ticks and tick value= $20 then maintenance account will be reduced by 10*$20*15 tick=$3000 (13500-3000=$10500 this is lower than required maintenance margin of $13500)
dealer will be requested to pay $3000 (maintenance variation) and if refused = default hence the account is closed.
i hope that helps.
March 7, 2020 at 9:01 am #564754Does anybody remember how the marks were allocated in Q2?
March 6, 2020 at 5:27 pm #5646471a)behavioural factors for overvalued high-tech companies
1b. i) FCF valuation of acquisition
ii)WACC
iii)post acquisition benefit to W. Co if premium accepted. (10marks)
iv)strategic aspects, financing (12marks)1c) factors to consider for financing.
Did anyone remember specific questions that was ask in Q1 iii & iv ?
I believe I got lost and mess those part up.
Any input will be appreciated just so as to check if i can get any mark from the (22marks)March 3, 2020 at 5:30 pm #563948Q4. IHT and PPC and adjustment of PA due to PPC. PPC was 85000 so I used this year’s Annual Allowance and last year’s of 40k so total 80k not 85k. Annual Allowance Charge for the balance of 5k
i think there’s no ppc annual allowance b/f as his not member of register ppc hence annual charge applied to excess £40000 of pension contribution. many am wrong though
May 16, 2019 at 12:01 am #516057thank you so much for your time Sir.
The question was in fact an illustration from ACCA AFM Technical articles: topic – Exchange traded foreign exchange derivatives
the price for 26th August was not given which why I have been disturbing my brain going through the article having watch your lecture videos.
now i know that “One of the two prices would need to be given in order for the other to be calculated using the basis risk”
Thanks a lot Sir.
May 15, 2019 at 6:27 pm #516036thank you for your swift response.
I did understood the gains what i can not figure out is how prices On 26 August were derived:
Spot rate – $/£ 1.65770 and
September futures price – $/£1.65750 were not given in the question.I tried lock-in rate of (1.71110-1.71035)=0.00075*35days/82days=0.00032 but i still can’t figured it out and am not sure if i am just missing out on something.
i would appreciate if you can explain the logic sir.
thanks.
December 22, 2018 at 4:47 pm #492514Hi @GillianM
Just a quick question and your contribution towards this would much appreciated.
Do still need to have mentor or gives mentor details when re-submitting updated research report (RR)?
I am a bit confused about the requirement regarding this because i have passed SLS in my previous submission.
Thanks.
December 22, 2018 at 4:45 pm #492513Hi @trephena
Just a quick question and your contribution towards this would much appreciated.
Do still need to have mentor or gives mentor details when re-submitting updated research report (RR)?
I am a bit confused about the requirement regarding this because i have passed SLS in my previous submission.
Thanks.
December 22, 2018 at 9:11 am #492490Hi all,
Just a quick question and your contribution towards this would much appreciated.
Do still need to have mentor when re-submitting updated research report (RR)?
I am a bit confused about the requirement regarding this because i have passed SLS in my previous submission.
Thanks.
December 5, 2018 at 2:11 pm #487511Thanks a lot @Gillian. I really appreciate your assistance. I have just emailed acca@brookes.ac.uk to request for my full feedback with necessary information given and hopefully I would get that soon.
You are right about the word count @Gillian. I looked through my submitted copy last night and realised I could have reduced the word count in part 1 & 2 to accommodate my evaluation in part 3.
Also, the marker might be referring to lack of referencing in part 1 in relation to company background.Thanks once again.
December 3, 2018 at 10:07 pm #487081Thanks for your swift response @Gillian. I have not seen the full marker feedback as the submission portal is temporarily not working or allow students to log on. I was surprised with the fail for (5) communication but I guess that was due to over writing and had to cut back my word counts and maybe that disrupt the structure/language use in communication. Lesson learned.
I will be going through the “Open Tuition Guide to Referencing your RAP” once I am able to read the full feedback.
I am glad I can use the same company as that would give me time to properly revise my work.
Once again thank you for your reply I really appreciate @GillianDecember 3, 2018 at 2:35 am #486864Hi, I have submitted topic 19 in Nov 2017 and failed but I have a few resubmission clarifications and I would really appreciate any kind of assistance
.
Below is my result breakdown.
• Understanding of accountancy / business models -Pass
• Application of accountancy / business models -pass
• Evaluation of information, analysis and conclusions –fail
There are very few references sources use in analysis
• Presentation of project findings –pass
Overall technical and professional skills -fail
• Communication –fail (grammar mistakes)
• Information gathering and referencing -fail (same reasons as above)
• Information technology –pass
Overall graduate skills –failOverall
Research Report Assessment –failSLS
• Self-reflection -pass
• Communication skills [in the presentation] –passQuestions:
1. Do I only need to resubmit the part failed or all the part including the previously passed?
2. My research was submitted 15 Nov 2017 & merger took place September 2014. Do I have to choose different company or can I still submit a revised copy of the same PR?
Or is there any exemptions to rules below?“For example if you were proposing to submit a project in May 2019 for topic 19 the merger or acquisition would have to have taken place AFTER 1 JANUARY 2016”.
Thanks
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