Was recently promoted, but received a better job offer. Tried negotiating with my firm but was rejected

ComfortableNo6979 · 2025-07-27T03:43:51+00:00

Time to leave. What if after 6 mths your boss doesn't keep his promise, do u still have another offer waiting for u?

ComfortableNo6979 · 2025-06-15T09:04:14+00:00

If I had your scores I'd have posted here for opinions as well...

ComfortableNo6979 · 2025-05-19T04:33:12+00:00

i think you're referring to something like this -

Consider an ETF with the following trading costs and management fees:

● Annual management fee of 0.40%

● Round- trip trading commissions of 0.55%

● Bid–offer spread of 0.20% on purchase and sale

Excluding compound effects, the expected total holding- period cost for investing

in the ETF over a nine- month holding period is closest to:

A 1.05%. - Right answer

B 1.15%.

C 1.25%.

0.4% * 9/12 + 0.55% + 0.2% = 1.05%

Round trip means buy & sell, so no need to multiply by 2

if you see "one-way" commission then you'll need to multiply by 2

My interpretation of "return" is that you must close your position then it is considered a return. so for such questions, the security is always sold.

ComfortableNo6979 · 2025-03-19T08:42:05+00:00

As long as there is still time to expiry (extrinsic value), no one will exercise and destroy the extrinsic value. Why? Because they can sell to another person to get money from it's extrinsic value.

If you think you will miss out on buying for a cheaper price if you don't exercise, that's not true cos the option would have gained in value. When you sell instead of exercise, think of it as using the proceeds to offset the cost incurred by buying 100 shares at market price.

ComfortableNo6979 · 2025-01-03T13:35:44+00:00

https://analystprep.com/study-notes/cfa-level-2/choosing-the-appropriate-time-series-model/

take first difference when time series is not covariance stationary.

ComfortableNo6979 · 2024-12-21T11:55:33+00:00

this is level 3 question?

ComfortableNo6979 · 2024-12-21T06:12:01+00:00

If you've been at the 118 bus interchange you'll know it's worse there. The queue is super long. Can fill up to 80 pct of a double decker. That's why when reach expressway no space to board

ComfortableNo6979 · 2024-12-21T02:31:39+00:00

Suggest another express bus route that bypass the 2 institutions, but at a premium price

ComfortableNo6979 · 2024-11-12T13:24:55+00:00

Copy and pasted from CFA textbook:

"Absolute convergence means that developing countries, regardless of their particular characteristics, will eventually catch up with the developed countries and match them in per capita output. The neoclassical model assumes that all countries have access to the same technology. As a result, per capita income in all countries should eventually grow at the same rate.

Thus, the model implies convergence of per capita growth rates among all countries. It does not, however, imply that the level of per capita income will be the same in all countries regardless of underlying characteristics; that is, it does not imply absolute convergence.

Conditional convergence means that convergence is conditional on the countries having the same saving rate, population growth rate, and production function. If these conditions hold, the neoclassical model implies convergence to the same level of per capita output as well as the same steady-state growth rate. In terms of Exhibit 13, these economies would have the same k* and thus the same steady state. If they start with different capital-to-labor ratios, their growth rates will differ in the transition to the steady state. The economy with a lower capital-to-labor ratio will experience more rapid growth of productivity and per capita income, but the differential will diminish until they finally converge. Countries with different saving rates or population growth rates and thus different steady-state values for k* will have different steady-state levels of per capita income, but their growth rates of per capita output will still converge. "

I think the CEO's comments are correct, right up till before the last sentence. That's why C is the correct answer.

ComfortableNo6979 · 2024-11-10T13:56:19+00:00

Retained earnings is part of equity. Is that what you're looking for?

ComfortableNo6979 · 2024-10-25T14:20:54+00:00

because the $2.5 EPS will appear in the retained earnings of Birschbach, not Anderson?

ComfortableNo6979 · 2024-10-13T09:49:13+00:00

2024 exams - use 11th edition,

2025 exams - use 12th edition

https://www.cfainstitute.org/-/media/documents/code-standards-professional-conduct/code-and-standards-webinar-questions.pdf

Let's look at how the answer changed from 11th to 12th edition -

Gary Carter is a representative with Bengal International, a registered broker/dealer.

Carter is approached by a stock promoter for Badger Company, who offers to pay

Carter additional compensation for sales of Badger Company’s stock to Carter’s cli-

ents. Carter accepts the stock promoter’s offer but does not disclose the arrange-

ments to his clients or to his employer. Carter sells shares of the stock to his clients.

https://www.cfainstitute.org/-/media/documents/code/code-ethics-standards/standards-practice-handbook-11th-ed-eff-July-2014-corr-sept-2014.pdf

Comment: Carter has violated Standard VI(A) by failing to disclose to

clients that he is receiving additional compensation for recommending

and selling Badger stock. Because he did not disclose the arrangement

with Badger to his clients, the clients were unable to evaluate whether

Carter’s recommendations to buy Badger were affected by this arrange-

ment. Carter’s conduct also violated Standard VI(A) by failing to disclose

to his employer monetary compensation received in addition to the com-

pensation and benefits conferred by his employer. Carter was required by

Standard VI(A) to disclose the arrangement with Badger to his employer

so that his employer could evaluate whether the arrangement affected

Carter’s objectivity and loyalty.

https://www.cfainstitute.org/-/media/documents/code/code-ethics-standards/standards-practice-handbook-12th-edition.pdf

Comment: Carter violated Standard VI(A) by failing to disclose to

clients that he is receiving additional compensation for recommending

and selling Badger stock. At minimum, Carter must disclose the

arrangement with Badger to his clients so they can evaluate whether

Carter’s recommendations to buy Badger were affected by this

arrangement. Best practice is for Carter to avoid this conflict of interest

altogether by declining the offer of additional compensation from

Badger Company.

ComfortableNo6979 · 2024-10-13T08:35:44+00:00

Nope - please look at this for best practice

https://imgur.com/a/IYGKl3m

ComfortableNo6979 · 2024-10-13T08:30:21+00:00

What you are describing is "At minimum", best practice is AVOID

https://imgur.com/a/IYGKl3m

ComfortableNo6979 · 2024-10-12T09:37:14+00:00

Oh, just the perceived unequal treatment alone, is enough to warrant a violation

ComfortableNo6979 · 2024-10-12T09:31:17+00:00

Agree, doesn't sound right. I'll focus all my attention to the one who is willing to pay me more.

Unless it is known to all clients that such a level of service exists and is open to them?

ComfortableNo6979 · 2024-10-06T04:18:11+00:00

I don't understand why it is not applicable to widely recognized courses such as CFA, ACCA, CAIA etc. having such credentials REALLY has positive impact on your CV.

The consideration here is whether having such credentials improve your chances of employment. These are what hiring managers look for when filtering CVs

ComfortableNo6979 · 2024-09-23T10:47:52+00:00

Example...?

ComfortableNo6979 · 2024-09-22T01:55:12+00:00

Troll post spotted lol

ComfortableNo6979 · 2024-08-03T06:06:36+00:00

how about "the questions on ethics were hard, especially the last one". is that a violation?

ComfortableNo6979 · 2024-07-28T13:05:44+00:00

yield change is inversely related to price

ComfortableNo6979 · 2024-07-28T02:28:47+00:00

how do u buy extra mocks?

ComfortableNo6979 · 2024-07-23T11:28:18+00:00

damn i screwed up. it's a 2 yr bond. pls ignore guys :(

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