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ferrischan: as said, it is OTC so have no contract size. i estimated premium by ZP140ml/142 x 7 = ZP6mil => Euro received = (ZP140 – ZP6)/142. we can use this way because we need not compute it exactly. You must solve an equation to get the premium amount if you want an exactly amount.
Wat of q 4 which was talking abt mov but de investment was made at de start of de yr so we don’t discount yr 1 but discount yr 2 with yr 1 discount factor. am I right
the hedging question was a tricky one…… i used the following way……
converted the amount after paying the premiun at spot rate 142.. and invested in home country France @1.2%. A loan was drawn in Zuhait which will actually be equal to 142m after 4 months to fulfil the contract.. Am i Rightthe hedging question was a tricky one…… i used the following way……
converted the amount after paying the premiun at spot rate 142.. and invested in home country France @1.2%. A loan was drawn in Zuhait which will actually be equal to 142m after 4 months to fulfil the contract.. Am i Right@theophilus1990 said:
Wat of q 4 which was talking abt mov but de investment was made at de start of de yr so we don’t discount yr 1 but discount yr 2 with yr 1 discount factor. am I rightHi i assumed that the year of investmest in project was year 1. and used the discount factor .901 to discount the first year investment….
What u did of part B and C… let me know..- Topics: 0
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When the results are out? I want to see if I scored mor than 30 marks :((
the q said dat de investment was done immediately nd it was at start of yr 1 which is de same as yr 0 nd dat all initial investment was made at start of each yr
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What books did you use for the exam? I had BPP and Kaplan, didn’t help that much. Lots of text, lots of “baby examples”, few exam examples. Why we are always tested on some well laborated problems, that are extremely time consuming in the exam, when we are provided with such learning materials? I feel that is a big GAP between the texts we are studying and the exam itself. As if we are preparing for something and get “surprised” with the questions in the exam…
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I mean I see on other papers (P7) people saying: “the exam was fair, even if I pass it or not”. I didn’t see such comments here. Anyway, in defense of P4, is a much fair exam than P5.
Before the exam i did not have a good sleep, and i did not drink enough water. I feel i performed a bit slow, and left 10 marks not anawered, but still can hope to pass.
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P4 pp….l any good sugesstions for F9 … my only 3rd attempt paper this time
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I think the exam was reasonable based on the syllabus. However, as I say each sitting, the time given is not realistic as we have to first understand the information given before we can “apply” the knowledge. ACCA in my opinion has to recognise that we are still Students studying for a professinal designation and as such will not be able to readily summarise info necessary under such time constrainsts. Hey, but that is just my opinion and I don’t in anyway mean to under-rate us by saying we are still students.
I am feeling sad after knowing i can done much better with the questions. Did a lot of silly/careless mistake.
For Q1, if not mistaken, i need to use dividend growth model to find Ve, g = b x re. Didn’t think of it in the exam. Sigh…
Really hope can pass this time, tired of exam. All the best, peoples!- Topics: 0
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Hi all, few things…
Q2 – I didn’t think we were required to calc the MMH? I didn’t think we were given the rate at which the co could invest/borrow in the foreign curr, only France? And the question did say only to recommend an alternative, not estimate? Hope I haven’t lost marks here…
Q4 – for the ‘simple’ NPV calc, the investment stated immediately, so wasn’t this T0. Meaning cashflows started from T4 and lasted 15 years til T17. Then you calculate annuity then take off the DF for T3? Can someone please confirm?
The BPP study guide has NOTHING to do with multi-period capital rationing in which is a bit of a joke, #justsayin
Anyone care to put my mind at ease?
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Sorry, T3 to T17
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The examiner for paper P4 should be fair to the students and i believe that the level of difficulty should be sane for ALL optional papers ( P4 to P7)
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