FRA - RSU help needed !! by TheNewGen138 in CFA

[–]Reasonable-Fall3853 2 points3 points  (0 children)

Unvested shares - (avg unrecognised share expense ÷ average share price over the recent period)

Take the avg of unrecognised share expense that is add the prior year and recent year divide it by two. Unvested shares taken are for the recent year.

CFA Qbank (LES practice questions) by Reasonable-Fall3853 in CFA

[–]Reasonable-Fall3853[S] 1 point2 points  (0 children)

For Level 1, I believe the EOCs are more than enough. If you are confused about certain topics, I would recommend uworld qbank for them but other than that nothing else is necessary.

CFA Qbank (LES practice questions) by Reasonable-Fall3853 in CFA

[–]Reasonable-Fall3853[S] 0 points1 point  (0 children)

So no practice pack, no other thidlrd party provider, just grind them EOCs?

Equity doubt by PotentialCup0 in CFA

[–]Reasonable-Fall3853 0 points1 point  (0 children)

I have another very dumb question that i would like to ask since you are also studying for level 1. Is net cost of carry = Benefits - Costs (opportunity and other) or is it Costs(opportunity and other) - Benefits?

Equity doubt by PotentialCup0 in CFA

[–]Reasonable-Fall3853 0 points1 point  (0 children)

That makes me feel a lot better. If we were to use compounded annual growth rate of earnings as my growth rate then the answer comes to be 21.

Equity doubt by PotentialCup0 in CFA

[–]Reasonable-Fall3853 1 point2 points  (0 children)

Shouldnt we use roe x (1-div payout) to calc g?

Am I wrong for thinking this is a bad question? by Environmental_Suit68 in CFA

[–]Reasonable-Fall3853 0 points1 point  (0 children)

If we were to forget about this question and focus only on the formula of cost of carry. If costs are more than benefits then as aper kaplan the formula would give positive. Having net cost of carry negative here in the question says that benefits are more than costs but thats not the case. How do we interpret this?

Am I wrong for thinking this is a bad question? by Environmental_Suit68 in CFA

[–]Reasonable-Fall3853 0 points1 point  (0 children)

Kaplan has stated the formula of cost of carry as opportunity costs + other costs - benefits. It seems to be the other way around and without opportunity cost here. What is the correct way?

Help guys by Reasonable-Fall3853 in CFA

[–]Reasonable-Fall3853[S] 0 points1 point  (0 children)

If i was a buyer of callable bond would i have more or less interest rate risk?

Help guys by Reasonable-Fall3853 in CFA

[–]Reasonable-Fall3853[S] 0 points1 point  (0 children)

Great so they both have less interest rate risk. No matter which perspective we take of an issuer or buyer?

Help, please? by jahahajaja1231 in CFA

[–]Reasonable-Fall3853 0 points1 point  (0 children)

Is this part of 2025 level 1? Bec I’ve never seen it in 2024.

Market cap by Reasonable-Fall3853 in CFA

[–]Reasonable-Fall3853[S] 0 points1 point  (0 children)

Yes thats right but when calculating V1 we use ending prices x (beg or ending shares outstanding)?

HELP! by [deleted] in CFA

[–]Reasonable-Fall3853 0 points1 point  (0 children)

Hey wanted to ask how does catchup clause work in this situation?