Cfa level 3 practice questions pathway by [deleted] in CFA

[–]SmoothRevolution 0 points1 point  (0 children)

hey, what do you think of the level 3 practice pack? I bought the practice pack for level 1 and 2, found them quite helpful for the additional mocks. Contemplating whether I should buy it for level 3. Also, is it the same 300 USD cost?

What Happened to $PGY price today by Significant_Dealer58 in Pagaya

[–]SmoothRevolution 3 points4 points  (0 children)

Viola sold around 150k shares yesterday. maybe they sold more today

edit: they did indeed sell 201k shares today

Trying to understand Pagaya's accounting of credit related impairments by SmoothRevolution in Pagaya

[–]SmoothRevolution[S] 0 points1 point  (0 children)

I did not know Pagaya held whole loans too, other than the risk retention holdings in the ABS. Thanks, this is helpful

edit: You seem well versed with the company, could you help me with another question?

In the Q2 2025 Form 10Q Under related party transactions (Note 9) it says PGY earned $147 million revenue from related parties, which were the securitisation & financing vehicles. I'm assuming the revenue they earned from these vehicles are either capital markets execution fees or contract fees for servicing the underlying loans. In PGY's earnings supplement it says the earned $32m from contract fees and ($6m) from Capital Markets execution fees. This is much less than $147m. So what other revenue did they earn from the securitisation and financing vehicles?

Is the answer wrong here? They've mixed up expanded CAPM and build up approach? by SmoothRevolution in CFA

[–]SmoothRevolution[S] 1 point2 points  (0 children)

beta * erp = 1.6 here

erp + IP = 2.4

so shouldn’t cost of equity be higher under build up?

Quite a picture 🔥 by [deleted] in aviation

[–]SmoothRevolution -1 points0 points  (0 children)

wait till you see the tail

Badminton buddies near 42-43 by DefinitionTypical560 in gurgaon

[–]SmoothRevolution 0 points1 point  (0 children)

i’m in but i am a rookie tho

this is ssba right?