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Security Valuation
AFM
answered on 20-Aug-24 19:48
Why did we take 3 years as explicit period, even though the growth rate are reduced to 10% in the 3rd Year? Usually, we take only till the period we have abnormal growth in part 1 of this formula. Please clear this point sir, why are we considering the 3rd year here.
latest answer
Yes sir, I got the same answer after taking it for 2 years. Thank you sir.
Abhijith K B
CA Final
★ 5
3
187
Direct taxation
Direct Taxation
answered on 22-Aug-24 09:36
How to do indexation for calculation of long Term capital assets?
latest answer
Thank you Likith
Nandini Narreddy
CA Inter
★ 925
2
240
How to calculate pvf @12.6% for 2yrs in calculator sir
Accountancy
answered on 21-Aug-24 10:35
My pvf is different from book pvf
latest answer
Thank u so much
Sri Durga
CA Inter
★ 590
7
485
Subscription mode
Others
answered on 20-Aug-24 16:40
How long i will access the subscription course
latest answer
For foundation & Inter Sep 24 exams For Final 3 months from date of purchase
Jayashree Sadasivam
CA Inter
★ 10
2
219
ITC on repairs and maintenance
Indirect Taxation
answered on 20-Aug-24 16:27
In a business, a car is used to send staff to a client’s location for providing services. In this case, can ITC on repairs and maintenance expenses for this car be claimed?
latest answer
No. ITC is blocked on Motor vehicle where the seating capacity is less than 13 persons.
R Monika
CA Final
★ 210
3
289
Contract of agency
Corporate & Other Laws
answered on 20-Aug-24 00:56
Question [1/1] Mr. Raj appoints Mr. Vinay as his agent to manage his real estate properties. On March 1, 2023, Mr. Raj grants Mr. Vinay the power of attorney to sell a particular piece of land. However, on April 1, 2023, Mr. Raj suddenly passes away in an accident. Unaware of Mr. Raj’s death, Mr. Vinay negotiates and enters into a sale agreement for the land on April 15, 2023, with Mr. Suresh for ₹50 lakhs. Later, Mr. Suresh learns of Mr. Raj's death and refuses to complete the transaction, arguing that Mr. Vinay had no authority to sell the land after Mr. Raj's death. Analyze the legal implications of this scenario can Mr.Vinay proceed to make the sale..?
latest answer
Agency terminates on death. However, termination does not take effect unless agent knows about it. Hence here, agent has authority to transact as he was unaware of death of principal.
Alfiya N
CA Foundation
★ 590
1
250
Contract of agency
Corporate & Other Laws
asked on 19-Aug-24 20:57
Question [1/1] Mr. Raj appoints Mr. Vinay as his agent to manage his real estate properties. On March 1, 2023, Mr. Raj grants Mr. Vinay the power of attorney to sell a particular piece of land. However, on April 1, 2023, Mr. Raj suddenly passes away in an accident. Unaware of Mr. Raj’s death, Mr. Vinay negotiates and enters into a sale agreement for the land on April 15, 2023, with Mr. Suresh for ₹50 lakhs. Later, Mr. Suresh learns of Mr. Raj's death and refuses to complete the transaction, arguing that Mr. Vinay had no authority to sell the land after Mr. Raj's death. Analyze the legal implications of this scenario can Mr.Vinay proceed to make the sale..?
latest answer
No answers yet!!
Alfiya N
CA Foundation
★ 590
0
210
Sharpes opitamal portfolio model
AFM
answered on 19-Aug-24 20:54
Sir in this illustration 1st step is to rank portfolio based on Treynor model. So formula is Ri-Rf/B where Ri is Actual Return and this how we calculated for previous illlustartion(65).But in this illustration Expected Return is calculated and taken even though actual Return is given.Why?
latest answer
It is expected return in both cases as portfolio weights are based on future expected return & expected volatility and not past return data In Q 67 also the wording in the table in the question says expected return and not actual return
Bhoomesh Velan
CA Final
★ 3K+
1
250
equity investments
CFA
answered on 19-Aug-24 17:15
The values of a price return index and a total return index consisting of identical equal-weighted dividend-paying equities will be equal @ inception what is total return index??is it same as equal weighted index
latest answer
Price return considers just prices of securities say prices all stocks of Sensex A total return index not only considers prices, but also considers dividends i.e dividends of senses stocks also add up to total return on the numerator Equal weighted index weighs all its constituents equally and not as per m cap
Dhakshana Dhakshana
CFA L2
★ 18K+
1
362
ill8
AFM
answered on 19-Aug-24 17:09
sir while calculating terminal Cf Rs.16637.5 we taken Rand Cf after adjusting inflation ie at nominal value As 90000*1.4^3 but INR Cf we took As per real value CF 2500 Why sir . b4 in one of questions we calculated like this for finding Terminal CF.
latest answer
That is a typing error. computation is correct 19965 + ( 3327.5) = 16637.5 19965 + ( 2500) = 17465 We took correct number but there was a typo in computation text
HEMAVATHYSUBRAMANI SUBRAMANI
CA Final
★ 3K+
1
240