1. Formulae as per attached formulae sheet 2. Maths tables. You can download the formulae and maths table from the 'Related documents' section of this page. Learn more about the AFM M&M proposition formula From the September 2024 exam session onwards, the AFM formula sheet ...
How to use the AFM Modigliani and Miller formula From the September 2024 exam session onwards, the AFM formula sheet has been amended to include a rearranged version of the Modigliani and Miller (M&M) proposition 2 formula. Check out our new video to understand when you should and should no...
March 1, 2025 at 9:08 am Apologies for another question, but should we use $000’s in the exam even though we will be using spreadheets? Log in to Reply March 2, 2025 at 4:32 am Yes, it should come to the same answer, I realized by attempting the Sleepon Hotels question...
While doing this candidates must make sure that they become confident with all the formulae given in the formula sheet provided. Any formula provided is likely to be of importance but candidates sometimes seem unable or unsure how to use them. Equally candidates must make...
If an investment has twice as much systematic risk as the market, it would have a beta of two. There are two different formulae for beta. The first is:You must commit both formulae to memory, as they are not given on the exam formulae sheet. The formula that...
formulae given in the formula sheet provided. Any formula provided is likely to be of importance but candidates sometimes seem unable or unsure how to use them. Equally candidates must make sure that they can use the spreadsheet tools quickly and confidently and get correct a...