sjzhqs

我的做题速度没有那么快，我觉得时间刚刚好。比notes简单些，但是仅仅是因为看过了notes后面的题，而且大量复习了notes以后。所以不知道其本质难度，但是题目长度确实断了不少，提问方式确实不同。很怪的 问法。要求要对很多知识点都要掌握，不能 使用排除法做题。

下午比上午难，最直接的感觉除了困之外就是ethics部分的题目长度明显加长，但是后面题目跟上午的知识点都是一样的。不过就是问法不同罢了。

攒rp

[em06]

sjzhqs

earnings yield. you can find the example in notes.

god bless me and you too.

[em06]

sjzhqs

took it in beijing .i agree with the above candidates' viewpoint.it is earnings yield. you can check it in notes.there is an example.

god bless me and you too.

applicatio

One question ask what's the after-tax borrowing rate for a company to keep P/E the same after borrowing debt to retire 4million dollar common stock? answer is dividend yield. The term was asked in the morning but the number was asked in the afternoon, while question was exactly the same.

I think the answer is earning yield,not dividend.

同意！是earning yield

applicatio

很多题目题型都是一样的，自我感觉这次题目出的不是很好，也许是抽题库？那这题库效率也太低了。明天清醒点看能否回忆一下具体的题目~~。现在就记得cash flow, LIFO,tax这些反复出现的关键词，还有从头到尾的yes,no题，数字倒记得一个，0.0049, hehe, 是道根据SSR求SE的题。

这个好像是0.0039吧？30个月，求出来stand error是1.18%

[此贴子已经被作者于2007-6-5 18:28:48编辑过]

a03446

Earnings yield....hope its the right answer cos it accounts for 2 points

sweiphy

I AGREE TOO!

x-stephon

QUOTE:

以下是引用lsy84在2007-6-5 0:22:00的发言：

One question ask what's the after-tax borrowing rate for a company to keep P/E the same after borrowing debt to retire 4million dollar common stock? answer is dividend yield. The term was asked in the morning but the number was asked in the afternoon, while question was exactly the same.

I think the answer is earning yield,not dividend.

I agree with u~[em17]

tobylzx

真不理解。。。下午和上午的难度差那么多。。。

CFA也真折磨人。。。明知道下午大家精神状态不是很好。。。

[em03]

fanghui78

既然都觉得下午的难，看来我还有一点过的希望。祝大家好运。