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I passed with 69% using opentuition and Kaplan kit. Thank u OpenTuition!

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I passed with 71% using opentuition and Kaplan kit.

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Yaay! I passed with 72% in first attempt. Thank you OT.

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Yay! I passed with 82% 🙂

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I got the same question added back depreciation. But I am confused about residual value. Was it to be added back or not at the end of the project. I think I got this wrong

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if FRA starts in 3 months and the loan or deposit will be for 6 months lets suppose, then FRA rates will be quoted as 3 – 9 months 1.32 – 1.3. For borrowing take the higher rate. I don’t remember the exact interest rates I m just explaining the concept.

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I got this question. MS receipt to 300000 so you want to sell MS and buy dollars in 3 months. Dollar receipt using forward rate 300000 / 1.1125 = 269663.

In money market hedge you will borrow MS and deposit Dollars. The interest rates given were annual rates so need to divide by 4 to get 3 month rates.

I hope I got this right.

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Congrats! That’s amazing. Where can I get the Kaplan kit?

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Congrats lyba! I am planning to give first applied skills paper in Dec ’19, which one should i attempt first. Thanks

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