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Illustration - 39
AFM
answered on 02-Oct-26 17:05
Sir, the distribution of earnings comes to ₹27.68 lakhs as per my calculation, but the study material has considered it as ₹28 lakhs. Should we use ₹27.68 lakhs or round it off to ₹28 lakhs, sir? [Video Time Stamp: 12:00]
latest answer
Official answer says 28 lacs on accrual basis You provide your answer as alternative solution
Pavan Naidu ca
CA Final
★ 320
1
20
Calculation of Listed Bonds
AFM
answered on 02-Oct-26 16:20
Sir, could you please explain how you calculated the market value of the listed bonds in this question? I would like to understand the steps involved in the calculation.
latest answer
if bonds had been issued at 14% then yield must have been at that level at then time of issue. If yield has currently fallen down to 8.842 % then it means that bond values would have risen. Bond price cannot be computed without clear details of maturity so we are hence using a shortcut to determine their price and formula is since price has to go up it will go up in proportion to change in interest rate, i.e 14/ 8.842
Pavan Naidu ca
CA Final
★ 320
1
16
M&A
AFM
answered on 02-Oct-26 15:24
Sir, can you please upload the Question & Answers of this chapter, just like other chapters [Video Time Stamp: 06:19]
latest answer
Uploaded Please check
SANDRA S JOY
CA Final
★ 27K+
1
13
Can i start with Securites chapter ?
AFM
answered on 02-Oct-26 09:00
Greetings Sir, Should I start with the Securities chapters, or would you recommend following the prescribed order? [Video Time Stamp: 06:01]
latest answer
You can start with that chapter no problem Chapters before this have no major linkage to subsequent chapters
Santhosh Balaji
CA Final
★ 210
1
23
Timing Option
AFM
answered on 30-Sep-26 19:42
Sir, In this question, they have asked us if we have to accept the project or wait and see So, should we not after finding the value of the option, compute the project value including option, as we had done in the previous illustration? [Video Time Stamp: 00:12]
latest answer
Not required - option has +ve value so option to wait is worth it In prev question we are trying to find out overall NPV and see if it is +ve or -Ve here project has +NPV on upside - question is if the option to wait has value or not
Gokul
CA Final
★ 4K+
1
17
question 66 forex interest amount lc calculated on Rs.1,83,69,825 for 250000 euro but export 500000 euro page no 58 in p600 volume 2
AFM
answered on 30-Sep-26 18:21
250000 going to eefc account but also post shipment credit was 500000 Euro [Video Time Stamp: 22:07]
latest answer
Post shipment credit is only for money that is converted to INR and usable to repay loan. if money is held in EEFC it cannot be used for such purposes
arun prasath
CA Final
★ 0
1
21
tax benefit
AFM
answered on 30-Sep-26 05:02
Sir, in case of tax benefit computed for B, already -2lacs is there, so when we less the tax benfit -60k.. it should become 2.6 right, because both are negative on losses no need to pay tax, so its benefit only and carry forward it, y r we taking 1.4lacs [Video Time Stamp: 08:30]
latest answer
3 x (1-30% ) =2.1 -2 x (1-30%) =-1.4 if we have a loss that loss can be set of against profit in some other business, same company. tax loss is basically a saving . So, on losses, whatever is the tax that is computed helps you to reduce tax payment in some other case 
Lavanya Ravi
CA Final
★ 180
1
16
calculation
AFM
answered on 29-Sep-26 11:43
in step 4 you divided by 0.000244172, where did it come from or we use every time to divide anything in different questions use this number only to get answer [Video Time Stamp: 13:54]
latest answer
It is a calculator shortcut - there is no logic I explained all short cuts in the intro videos section. resharing the image of the same below
Swapna Kumari
CA Final
★ 6K+
1
23
Investment value
AFM
answered on 29-Sep-26 11:19
Sir, Is it not the premium paid, the investment value for options? Or what is the rationale behind taking Gross payoff as the Investment value? Kindly Clarify [Video Time Stamp: 09:25]
latest answer
We are looking at value at that point - initial prem paid / received is treated as sunk cost / already received income and hence not considered Which is why we added another table showing net investment value after subtracting / add premia amount in the next table
Gokul
CA Final
★ 4K+
1
64
Nifty and equity change
AFM
answered on 29-Sep-26 08:06
Sir, in the sub question five, it is said that there is 2% rise in nifty and we also take change in equity portfolio as 2%, why? It should be 2*2=4 know? [Video Time Stamp: 23:53]
latest answer
Because stock and nifty returns are linked through beta Beta is sensitivity of stock returns to nifty returns If nifty has a return of x then stock will have return of beta x
Amrutha Murali
CA Final
★ 5K+
5
30