• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

Out of syllabus

Y

yogesh167

Member
Hello

1. The topic in mergers and acquisitions from chapter 7 have been removed from the syllabus. So does Sep 2017 Q4 qualify out of syllabus as well?
Just asking in the context of practicing past exam papers?

2. April 2007 Q8(iii)
formula - UK GRY = Japanese GRY + expected appreciation of Yen vs Sterling.
Is this part of syllabus or not?

3. Sep 2008 Q6
please confirm actual flotation price means spot price, right?
similarly, expected flotation price means forward price?
 
Hi Yogesh,

1. Correct - You may like to consider using our ASET (see https://www.acted.co.uk/paper_aset.html), which provides such clarifications, additional explanations, as well as useful exam guidance, hints and tips.

2. Candidates in 2007 needed to recall this idea of interest rate parity, which wasn't in the ST5 Core Reading, but which instead appeared in Subject CT7.

3. 'Flotation' isn't a term that was used in ST5 (and isn't currently in SP5). You may like to Google the term for more information, but perhaps Investopedia is particularly helpful here: https://www.investopedia.com/terms/f/flotation.asp .
I can see why you have referenced 'spot' and 'forward', but I'd be uncomfortable equating this terminology. The Investopedia entry (and other Google references) should make clearer what the examiners were referring to in this question.

Whilst replying, I notice that you have posted quite a few of queries in the past few days, and that you chased up when not receiving a quick reply. To ensure you (and other users) get the best experience from our forums, please can you follow the guidance on posting which can be found here: https://www.acted.co.uk/forums/index.php?threads/guidance-on-posting-queries.8779/

Best wishes

David
 
You must log in or register to reply here.
Back
Top