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Bond Price
AFM
answered on 09-Feb-24 11:01
[Timestamp @ 14:21] Sir, can we estimate the price in 2023 for the changed yield of 12% using the modified duration? (Po = ₹ 977.06 | Change in y = (+) 350 bps | Modified Duration = -5.2476%) When I did so, I got the answer as ₹ 797.50 (approx.) whereas it is given in the question that the new investor is willing to pay ₹ 797.50. Since it matches, the new investor's decision to purchase the bond can be considered right. Did they both match coincidentally? Can the absence of PVIF @ 12% in the question be construed as a hint to estimate the price using the modified duration? I am sorry if I asked too much in one query.
latest answer
Okay. Thank you, sir.
Denz Philip
CA Final
★ 10K+
2
181
Doubt Regarding Present Obligation
Financial Reporting
answered on 27-Jan-25 23:14
How can we say there is a present obligation occurred with out any past event?
latest answer
that means it is probable that curt may pass an order against the company due to some past events but we do not know how much we are going to pay as fines or penalties which is ordered by the court but we know that we are obliged to pay some amount and thereby this is present obligation due to some past events but the outlfow of the resources is not certain and thereby the company is required to create the provision for the same.
Surya Prakash
CA Final
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7
407
about may 2024
Strategic Management
answered on 08-Feb-24 16:37
are these classes applicable for may 2024
latest answer
No
Nikitha Velavalapalli
CA Inter
★ 3K+
1
168
ITC
Indirect Taxation
answered on 08-Feb-24 16:48
Can CTP/ NRTP can avail ITC
latest answer
NRTP’s cannot claim Input Tax Credit on any other goods/services except on Import of Goods by him whereas CTP’s can claim all ITC
M siva Subramaniam
CA Inter
★ 0
1
201
Inter registration - NEWFND, CONFND or FND?
Exams
answered on 27-Mar-25 21:53
Hey everyone. I passed the Dec 23 Foundation exam and was trying to register for Inter Nov 24. It asks me for registration mode and the options are NEWFND, CONFND and FND. Which one am I supposed to choose?
latest answer
Use what is mentioned in your profile. Eg in my case, I had CONFND, so I used CONFND
Vishnu Muraleedharan
CA Final
★ 32K+
7
6K+
Exemption
Exams
answered on 08-Feb-24 16:08
If I fill exam form for only single group in ca inter then can I get exemption?
latest answer
Thankyou sir
Roopam Pandey
CA Inter
★ 130
2
431
Financial statements of company ch-11
Accountancy
answered on 08-Feb-24 16:10
If a company made an investment in fixed deposit of 3 yr in 1/4/20 and disclose the same as non current investment so my question is whether in year 2022 does the company need to disclose the fd as current investment or not? Since it is maturing within 12 months
latest answer
It would be shown under Current Assets in the balance sheet.
Atharv Sankliya
CA Final
★ 3K+
1
320
risk
Auditing
answered on 10-Feb-24 10:35
What is the difference between significant risk and significant uncertainties in audit?
latest answer
any uncertainty that cast a significant doubt on the entity's ability to continue as a going concern. like net losses , pending litigation , the outcome of which could have adverse impact on entity's cashflows etc.
Swathi Krishna
CA Final
★ 8K+
3
379
Lease & Non lease components
Financial Reporting
answered on 09-Feb-24 13:59
When there is things other than lease and non lease component( here, administrative tasks) how it is allocated? 8500(8000+500) OR 8421( 10,000×8000÷9500)
latest answer
Okay..
binu mathew
CA Final
★ 0
5
193
Suggessted Answer
Exams
answered on 09-Feb-24 13:13
When will we expect the suggested answer for November 2023 from ICAI for CA final
latest answer
May be this month or in March
Ramamoorthy Kaliyaperumal
CA Inter
★ 3K+
1
387