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?!
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.
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!
i just found out i failed this exam this spring.. 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!
