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IFoA_CAA_M0 Exam - Topic 7 Question 28 Discussion

An individual purchases a share in a company at a price of 45. Six months later he sells the share for 39.Calculate the percentage change in the value of the share over the six month period, correct to one decimal place.
B) -13.3%
A) -15.4%
C) 13.3%
D) 86.7%

IFoA_CAA_M0 Exam - Topic 7 Question 28 Discussion

Actual exam question for IFoA's IFoA_CAA_M0 exam
Question #: 28
Topic #: 7
[All IFoA_CAA_M0 Questions]

An individual purchases a share in a company at a price of 45. Six months later he sells the share for 39.

Calculate the percentage change in the value of the share over the six month period, correct to one decimal place.

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Suggested Answer: B

by Tasia at May 10, 2022, 12:10 AM

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Rodolfo
8 months ago
Simple math, it's -13.3% for sure!
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Layla
9 months ago
I disagree, it should be around -13.3%.
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Lashandra
9 months ago
I thought it would be less than that, surprised!
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Rene
9 months ago
Definitely -15.4%, no doubt about it!
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Margart
9 months ago
The share dropped from 45 to 39, that's a loss.
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Nicolette
9 months ago
I feel like I might have mixed up the formula for percentage change. Is it the final value minus the initial value divided by the initial value?
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Hector
9 months ago
I remember a similar question where we had to find the percentage change, and I think it involved dividing the change by the original price.
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Tayna
9 months ago
I think the percentage change is calculated by taking the difference between the selling price and the purchase price, but I'm not entirely sure how to express that as a percentage.
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Markus
9 months ago
I’m leaning towards option A, but I’m not confident. I need to double-check my calculations to see if I got the right percentage change.
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Kanisha
9 months ago
Hmm, I'm a bit confused by the code and the output options. I'll need to review the inheritance and method overriding concepts to figure this out.
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Candida
10 months ago
I'm leaning towards option D. It might be better to wait until all team members can attend the training together, so everyone is on the same page and can support each other in applying the new skills.
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Ryan
10 months ago
I'm not entirely sure, but I feel like only certain types of call variables can be used for wild variables. Is that true?
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