Hi,
Given that we will be given BSOP calculator during the CBE exam (and the spreadsheet NORMSDIST function), will we need normal distribution table in any type of questions? If so, could you please specify a topic for such a question?
I also wonder if it is okay to calculate IRR/YTM using the spreadsheet IRR function or by solving by trial and error instead of interpolation.
Thanks,
Giga
Ask the Tutor ACCA AFM
Normal distribution table and IRR
No - you will not need the normal distribution tables for anything.
And yes - it is certainly OK to use the IRR function in the spreadsheet. You should use it :-)
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