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Level 2 exam

CFA

answered on 10-Oct-26 12:35

Sir is there no a specific subject split between the 2 sessions in the exam for L2, like the one they have for L1?

latest answer

Yes

Kaarthick Abishek

CFA L1

★ 0

1

11

IRP

AFM

answered on 10-Oct-26 04:27

Can you tell me crux b/w covered IRP and Uncovered IRP? [Video Time Stamp: 03:01]

latest answer

Covered Forward rate is current spot plus int rate differential else there is scope for arbitrage profit Uncovered Future spot is current spot plus int rate differential else there is scope for arbitrage profit

Pavan Naidu ca

Pavan Naidu ca

CA Final

★ 320

1

22

In Q39

AFM

answered on 09-Oct-26 18:02

Why have we not considered only tax saving on depreciation to be added back like we have considered for scrap after tax [Video Time Stamp: 09:48]

latest answer

When depreciation is reduced from Revenues and Costs and tax is computed then depreciation is added back When depreciation is not deducted then we adjust only for tax impact o sep Refer page 3.2 of icai material on adv cap budgeting chapter https://resource.cdn.icai.org/87844bos-aps2163-ch3.pdf

Paveethra K S

Paveethra K S

CA Final

★ 520

1

22

IND AS 116 - Leases

Financial Reporting

asked on 09-Oct-26 14:22

Good afternoon sir. I have a small doubt. shouldn't we consider the modified terms as if the 3-year total term had applied from the original inception date. why have we considered the modification date and not the inception date? [Video Time Stamp: 05:27]

latest answer

No answers yet!!

Roobashree Rajagopal

Roobashree Rajagopal

CA Final

★ 1K+

0

23

Doubt

AFM

answered on 09-Oct-26 18:03

For the put option we have to use put parity theory for valuation? [Video Time Stamp: 07:26]

latest answer

No. If you can compute put value do it. Only if call data is available and put data not available then you can use Put call parity equation

pavan kumar

pavan kumar

CA Final

★ 4K+

1

23

Doubt

AFM

answered on 09-Oct-26 18:05

Why is 12.5 M considered a strike price? [Video Time Stamp: 07:57]

latest answer

You invest 12.5 and get 16.7 So payment is 12.5 In call option strike is what is paid gain is diff between spot on maturity and strike Spot on maturity is pv of future cf

pavan kumar

pavan kumar

CA Final

★ 4K+

1

22

Direct or Indirect quote

AFM

answered on 09-Oct-26 16:58

In the given question it is an Indian firm and generally 1 USD = INR is direct quote in the given scenario as explained it is 1 INR = JPY why it is not treated as indirect quote ? [Video Time Stamp: 07:18]

latest answer

Direct

Bharathkumar Sivakumar

Bharathkumar Sivakumar

CA Final

★ 780

1

25

dividend

AFM

answered on 09-Oct-26 16:53

we have take do of the year where growth rate is the highest right ??? [Video Time Stamp: 04:32]

latest answer

Yes we did that only

Hemanth kumar Kapuluru

Hemanth kumar Kapuluru

CA Final

★ 2K+

1

22

while calculating ke

AFM

answered on 09-Oct-26 18:14

while calculating ke we are considering D1 which includes growth if growth is included then price of the share is also some what changes right then we have to consider 21.116 instead of 21.12 what is the reason or assumption behind taking 21.2 by u sir [Video Time Stamp: 23:15]

latest answer

Market is not yet aware of the new project as board is still considering If were market were already aware, share price would have gone up Because market is not aware prices reflects only CF excluding the project hence we consider P0 as 21.2 ( after removing dividend)

Hemanth kumar Kapuluru

Hemanth kumar Kapuluru

CA Final

★ 2K+

1

20

NPV

AFM

answered on 09-Oct-26 07:34

What is the reason of adding NPV to the while calculating the share price in both right issue and fresh issue ??? [Video Time Stamp: 23:15]

latest answer

Nov addition

Hemanth kumar Kapuluru

Hemanth kumar Kapuluru

CA Final

★ 2K+

1

25