cathytutu

QUOTE:

以下是引用japhyhan在2007-12-3 9:35:00的发言：
price-weighted的股票拆分不改变index吧

Maybe I can't agree on this.

Notes stated that price-weighted index tends to be baised downward as large growth companies may issue stock-split which downwards price-weighted index.

Also, after stock-split, stock prices decrease which leads to lower price-weighted index.

Welcome for any comment.

[em01]

cathytutu

QUOTE:

以下是引用isabelgan在2007-12-2 22:26:00的发言：

确实， 下午脑子就不大转了。而概念题超多。停在一个题目上两分钟。很多人说下午容易上午难，我觉得是正好相反。。。

有一个是选earnings yield 么?

Yeah~  The choice is Earings yield regarding capital budgeting cost matters.

I remember this question been discussed in the forum on June's test. The same one appears in this test, right? 

cathytutu

I agree with u on the covered-call question.

I put much effort on covered call and protective put matters. But only 3-4 quesitons appeared in all.

cathytutu

看了这几道题目，终于增加了点信心。我的答案和楼上的两位一样。

只有报名参加了level 3，才能称自己是CFA level 3 candidate.

总体感觉，第六本模拟题的思路和真正考试相差很多。有点后悔自己做多了模拟卷偏离了考题思路。

Anyway,hope me and all hard-working guys pass it~

[em01]

cathytutu

QUOTE:

以下是引用sitico在2007-12-7 11:27:00的发言：

当你项目的REQUIRED RATE OF RETURN INCREASE,对于项目的现金流折现更加厉害，那肯定是负的越厉害。

我同意这个观点。我也选择decrease more

cathytutu

QUOTE:

以下是引用sitico在2007-12-9 11:22:00的发言：

楼上把邮箱留下吧，我把邮件转发给你

贴不上来，太长了

我也想好好学习一下解题思路，虽然我猜的也是decrease more。

cathywjj@hotmail.com

谢谢