What is your average score in mock tests?
Just wanted to have an average so we know where we stand? Please post approximate averages as this would help each other better!!!
View ArticleHow similar are past papers to the current portion?
Just wanted to assess my performance...in papers from 2005-2009 I observed very less of asset class and execution and monitoring questions...Just wanted an insight from past students if this was there...
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TimePrep for CFA level 3 exam now available!
Hi everyone,just to inform you that we published the third app in TimePrep for CFA exam range, TimePrep for CFA level 3 exam. It is based on the same principles as TimePrep L1 and L2 apps, and there...
View ArticleTopic to start with in Level III prep
Hi guys, I am preparing towards Level III June 2014. I would like to get your views and advice on which topic is better to start with in preparations? Which will be the right topic order to go with in...
View ArticleREADING 13: Concentrated Single-Asset Positions - Example 1
Can someone please explain why anchoring and adjustment bias may affect Mrs Bailer's decision making.Thanks.
View Articleshort sale of an asset
In short sale of an asset, how does one earn money market rate of return? (Since we are shorting same number of stock, and net value is zero)
View ArticlePositive account surplus leads to an expectation of the currency of that...
Demand for the currency due to export payments? Or strong economy?Thanks.
View ArticleStudy Plan
I read the Level 3 commandments, and some other postings about lv 3 exam, but, I think CFA exam takes 6 months, not 6 hours. So, I'm just hoping for some tips/advise for the next 6 months. If you're in...
View ArticleFlash cards for Level II
Wanted to get some opinions from the "Passed Level 2" community on flash cards, so that's why I'm posting this in the Level 3 area. I just sit for Level 1 in December, and assuming I passed it (which...
View ArticleEmerging market economies
LOS 17; Discuss risks faced by investors in EM securities...... page 92/93 Schweser book 2. The text references two different debt to GDP levels above which become casuse for concern. "Debt levels...
View ArticleContingent Immunisation (source: CFA Reading 20 pp 36-37) - please explain...
For example, if a firm has a three-year investment horizon over which it must earn 3 percent and it can immunize its asset portfolio at 4.75 percent, the manager can actively manage part or all of the...
View ArticleEssay and Itemsets
Hi all, I was just looking at the topics and study sessions for CFA Level 3 2014 and i couldn't figure out which will be tested in the item sets and which will be in the essay section. Does that mean...
View ArticleLevel 3 tutor Chicago
Looking for a tutor, for a few 1on1 sessions focused predominately on derivatives
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Gamma - Source: CFA EOC Reading 30 Q12
Q: If current share price is $67.79, the call option with the largest gamma would have a strike price of:A) $55 (call delta = 4.7) $67.50 (call delta = 16.5)C) $80 (call delta = 35.8)Originally I had...
View ArticleEssay Item sets, variables used.
Hi guys, Quick question, hopefully someone who has written level 3 already would know. When using various finance formulas, I have my own set variables I use, rather than those from the book. Take the...
View ArticlePortfolio Rebalancing: CPPI and Constant Mix
Please help to explain why is CPPI considered as Buying insurance and Constant Mix as Selling insurance@sophie,@zee,@marc,@jwa,@alta12
View ArticleHow to tackle IPS questions ??
Lets face it.Solving IPS questions is as indispensable as it was taming FRA in level 1 & 2 !Could someone pls throw some light on how to approach IPS questions?
View ArticleThe waiting is the hardest part
Waiting a year to rewrite an exam sucks.Waiting a year to rewrite an exam that you killed yourself studying for sucks worse.Waiting a year to rewrite an exam that you killed yourself studying for and...
View ArticleElan Level III videos
Hi - Does anyone know what is happening with the lecture video release (which was scheduled for January). I have emailed Elan a number of times asking for an update on the release date but no response.
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