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April 2012

A

andy orodo

Member
Any thoughts on where to take the Q4?

Also, 7 (v) seemed to be quite easy for only 8 marks, that's got me worried a bit. It can't be that easy surely! Something had to go wrong there.

Overall I thought that it was pretty tough, couldn't remember covering debentures at all
 
I thought it was strange paper. I actually had to check the cover sheet to make sure they hadn't given me the wrong exam! Debentures aren't covered in the course, but I know the examiners' report will say "students are expected to have a firm understanding of general investment terms...etc". I think it's unreasonable to have such a big question that hinges on terminology (everyone knows what a bond is), but maybe I'm just bitter. There did seem to be some really easy questions too that also didn't really relate to the course - with such a lot of core reading, you'd think they could come up with some decent questions based on stuff actually in the course.
 
Quite! I just found this paper to be funny:

Q1 - 10 marks on debentures - CT2?
Q4 - 14 marks on economic (maybe?) - CT7/CA1
Q5 - another 14 marks on CGT - which part of the course does this come from, maybe CT2 again?

Was this really an ST5 quiz or am I missing something completely?!
 
SingingSong said:
Quite! I just found this paper to be funny:

Q1 - 10 marks on debentures - CT2?
Q4 - 14 marks on economic (maybe?) - CT7/CA1
Q5 - another 14 marks on CGT - which part of the course does this come from, maybe CT2 again?

Was this really an ST5 quiz or am I missing something completely?!
Click to expand...

I thought Q4 was hinting at the credit crunch but was generally a random question, would have expected it in the SA paper more than here!

Q5 was more about application of the tax material - I didn't think much prior knowledge was known here.

Quite a few of the other questions had an early part pointing you down one route, then asked you something slightly different in second part, e.g. asked Beta of a portfolio then gave you st.devs rather than covariances.
 
CannonRee said:
I thought Q4 was hinting at the credit crunch but was generally a random question, would have expected it in the SA paper more than here!

Q5 was more about application of the tax material - I didn't think much prior knowledge was known here.

Quite a few of the other questions had an early part pointing you down one route, then asked you something slightly different in second part, e.g. asked Beta of a portfolio then gave you st.devs rather than covariances.
Click to expand...

how to use standard deviation in that question??
 
dgw201 said:
I'm pretty sure it's just the standard CAPM formula? I think it's given in the formula book.
Click to expand...

I found that in the book by chance, without that it was a definite fail. My Acted tutor told us that CAPM simply won't be examined. That serves me right for listening to that type of speculation!
 
andy orodo said:
I found that in the book by chance, without that it was a definite fail. My Acted tutor told us that CAPM simply won't be examined. That serves me right for listening to that type of speculation!
Click to expand...

i just found out i failed this exam this spring..:mad: :mad: :mad:
is this sitting a very easy paper...?

i read the notes many times and found the exam questions reasonable.

but i still failed..

now i am not even sure where to improve..:(

any suggestions? thanks!
 
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