Hi,
Today's paper was one of a kind
Section A was based on corporate restructuring.
Q2 was mainly behavioural finance type of question
Q3 was on WHOLE CURRENCY SWAPS AND HAD NUMERICALS based on it. I was really stumped because many expected that if swaps would come in exam, it would be on interest rate swaps rather than currency swaps
Q4 was by far the easiest one where we had to calculate APV and discuss about M&M theory
I dont know if I will pass because today's exam didn't go so well for me and seeing the pass rates of it, i have literally 0 hope. :( what to do
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Review of today's paper
same here.... i think the examiner had a fight with his wife when he set the questions...he took it out on us!!!!!!!!!!!!!!!!!!!!!!!!!!!!
9y ago#2I gather that everyone found it difficult and so do not worry too much - if everyone finds it hard then they will mark it more leniently.
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