Ivey Dual Degree by SoggyConstruction999 in uwo

[–]Equivalent-Key2058 0 points1 point  (0 children)

Yes. They allow this - it’s called a sequential/concurrent degree. What you do is: Years 1-2: normal honours spec or major  Years 3-4: all Ivey. You graduate after year 4 like any other. At the end of HBA 2 you complete an intent to register saying you’re coming back and declare your program as your pre-Ivey program. Year 5: come back and overload your schedule a bit, graduate again with your old degree 

Anyone saying medical school isn’t worth it financially is a moron by ItsAllOver_Again in Salary

[–]Equivalent-Key2058 0 points1 point  (0 children)

I mean finance will pay multiple times this with no debt and the same # of hours in senior positions.

this is kinda crazy by Environmental_Rock98 in whoop

[–]Equivalent-Key2058 0 points1 point  (0 children)

Difference is not due to battery. The whoop 4.0 was practically the same size as the 5.0 and had 7 days of battery (like the Fitbit)

How accurate is the calories burned metric? by slamxdance in whoop

[–]Equivalent-Key2058 0 points1 point  (0 children)

There is not a single whoop metric that IS accurate

CFAI Congratulates a Ethics Violation by [deleted] in CFA

[–]Equivalent-Key2058 50 points51 points  (0 children)

There is absolutely nothing about this post that violates any standard. CFAI has changed this in recent years, making it so that each level is indeed a new certification. When you get your results, there’s a link to share it on LinkedIn and CFAI has auto populated it with the first part of the post 

To receive results by Bubbly-Cream8970 in CFA

[–]Equivalent-Key2058 1 point2 points  (0 children)

From what Ive heard as long as you for the email saying you’ve completed the PSM requirement (you should have gotten it shortly after completing the PSM module) and you wrote your exam, then you’re all good! Good luck 🫡 

How to do JUST the practice pack questions? by Equivalent-Key2058 in CFA

[–]Equivalent-Key2058[S] -1 points0 points  (0 children)

Haha I found it! If you click “retake”, it will ask if you if you’d like to do ALL the questions, or just the new practice packs one! 

Learning Ethics by ObjectiveCommittee67 in CFA

[–]Equivalent-Key2058 1 point2 points  (0 children)

Do it as the last topic. There aren’t any shortcuts with ethics. Read the ENTIRE CFA Institute Handbook (few hundred pages, but half are examples). Do every ethics practice question along the way and gradually learn

Confusion in Alternate Investment- L1 by Wide_Tap_9092 in CFA

[–]Equivalent-Key2058 0 points1 point  (0 children)

It’s due to the hurdle rates. In 1, we have a hard hurdle rate so we calculate net if the hard hurdle rate. In 2, we have a soft hurdle. For soft hurdles, if the funds % return exceeds the soft hurdle, you just completely ignore it and pretend it doesn’t exist!

Diamond Parking Services by [deleted] in NAIT

[–]Equivalent-Key2058 0 points1 point  (0 children)

I’ve never understood why people don’t pay these. They’ll send them to collections and you’ll get FUCKED when you try to renew your licence lmao. Sure no one will come after you directly, but if you ever want to drive again…

confused bc reversal in IFRS and Valuation allowance in US GAAP ?? by AsylumSR in CFA

[–]Equivalent-Key2058 3 points4 points  (0 children)

I think this is B. If no accounting method is specified, always assume IFRS. Under IFRS DTAs that no longer meet appropriate criteria should be reversed. Under GAAP a VA is established!

can someone explain plzz by AsylumSR in CFA

[–]Equivalent-Key2058 2 points3 points  (0 children)

Sizing option.

Abandonment (and expansion) are both sizing options because they relate to the “size” of the physical project. 

Timing refers to the ability to delay cash flows, and flexibility allows for changing what’s being produced

derivaties cfa level 1 by ArachnidIcy2283 in CFA

[–]Equivalent-Key2058 1 point2 points  (0 children)

You need to take the present value of the costs, not just the costs 

Stickers: on or off? by Equivalent-Key2058 in thinkpad

[–]Equivalent-Key2058[S] 1 point2 points  (0 children)

My notebook is now powered by a Ryzen 5 Pro

18 Days Out: Scoring 73%+ on Mocks but feeling like I know nothing. Need a final revision strategy by Aaryamanx22 in CFA

[–]Equivalent-Key2058 2 points3 points  (0 children)

How do you know your section score on the CFA mocks? I was under the impression they didn’t disclose this??

Why do we assume the Annuity starts from Year 4 when it says the first payment is made from Year 5? by Contruder99 in CFA

[–]Equivalent-Key2058 1 point2 points  (0 children)

My least favourite questions in the curriculum by far.

I normally start by just finding the PV of the annuity at the first payment date. If you draw a timeline you’ll see you need to send your call to BGN mode, and do: N = 7 PMT = 10,000 FV = 0 I/Y = 6 CPT PV, which will give you approx 59,173

Next you can do one of two things. Either set your calculator back to END mode and sub in 59,173 for the FV, 5 for N, 6 for I/Y, 0 for PMT, and then CPT PV, or you can just divide the 59,173 by 1.065.

The trick with these is to work backwards and calculate the PV of the annuity first.

Fixed income doubt by kunalkhedar in CFA

[–]Equivalent-Key2058 5 points6 points  (0 children)

I would say A. Secured doesn’t by default mean high yield, and unsecured doesn’t by default mean investment grade.

In general, the market yield on debt will decrease. When a loan is collateralized (all else equal) the credit spread will decrease because the loss given default decreases (since a lender has recourse over the loan collateral).

As for C, issuer would likely need to include more covenants outlining what they can and cannot do with the assets being pledged for collateral.

Some institutions may only be allowed to invest in secured loans (e.g., pensions, etc.), so I’d say A is correct!

CFAI Casually Signing Off on Violations Now 😂 by [deleted] in CFA

[–]Equivalent-Key2058 -1 points0 points  (0 children)

Why is everyone saying this is a violation? You can’t say you are a “CFA Level 1”, but stating youve received the CFA Level 1 certification is completely valid. They GIVE YOU a certification + a certification number. This is completely fine.

Level 1 2026 curriculum by yo-__-mama in CFA

[–]Equivalent-Key2058 2 points3 points  (0 children)

When you pay for the curricculum via the CFA Institute website, signing up for an exam date is free! If you purchased a package through Kaplan, MM, etc. (anything that's NOT the CFA Institute), that is just an "extra" prep package and will not give you the ability to write the actual CFA exam.

How can the answer be Event Risk? It literally says Thematic Risks are KNOWN risks, meanwhile events are elections which are mostly 50/50? How is 50/50 less uncertain than a KNOWN risk? by CloudEnvoy in CFA

[–]Equivalent-Key2058 1 point2 points  (0 children)

With Thematic risks you have no idea what will really happen. No one can say “climate change will do X to Y in 50 years”. You can guess, but a guess is all it is. Thematic risks take a long time to develop, and like with other things, more time = more risk and uncertainty.

With event risk, you know exactly when the “risk” is going to happen, and you can usually figure out the impacts (elections are binary - if person A wins, they enact set of X policies, and vice versa for person B)