CA FINAL SFM (NEW SCHEME)

CHANGES IN SM MAY 2022

Chapter Changes
CHAPTER 1: Financial Policy and Corporate Strategy No change
CHAPTER 2: Risk Management No Change
CHAPTER 3: Security Analysis No Change
CHAPTER 4: Security Valuation New Section Introduce
8.16 Refunding of Bonds
CHAPTER 5: Portfolio Management New Point Introduce
Page 5.14
b. In case the historical data is given:
Page 5.15
b. In case the historical data is given:
New Example Introduce
Page 5.16
CHAPTER 6: Securitization No Change
CHAPTER 7: Mutual Funds New Point Introduce
Page 7.9
(i) Quant Funds:
CHAPTER 8: Derivatives Analysis and Valuation Introduce in Illustration 3 (Page 8.26)
Given In(1.0375) = 0.03681
In(0.95) = -0.05129
In(0.9952) = -0.00481
e0.0125 = 1.012578
e0.008333 = 1.0084
Remove
Section 9: Embedded Derivatives of
previous mat. (May 2021)
CHAPTER 9: Foreign Exchange Exposure and Risk Management No Change
CHAPTER 10: International Financial Management No Change
CHAPTER 11: Interest Rate Risk Management No Change
CHAPTER 12: Corporate Valuation No Change
CHAPTER 13: Mergers, Acquisitions & Corporate Restructuring Remove
Section 11: Case Studies of previous mat.
(may 2021).
New Section Introduce
14. Special purpose acquisition companies
CHAPTER 14: Startup Finance No Change