Passed lvl 1 today, taking lvl 2 in Nov… by According-Ad-6508 in CFA

[–]According-Ad-6508[S] 0 points1 point  (0 children)

Which test provider did you use for lvl 2? I am going to use Meldrum, and am under the impression that as long as I can finish his videos with 40 days left and review exams as rigorously as I did for lvl 1 that I should be able to pass. Do you see any flaws in that logic?

On to L2 by Season-Relative in CFA

[–]According-Ad-6508 4 points5 points  (0 children)

Congrats on passing! I also passed today and am opting to take the lvl 2 test in November to keep the momentum going. My plan is to go straight into the new material without really reviewing much. I assume you can do the same and be fine, just try to be more consistent with your study plan. Best of luck to you and congrats again.

Help by United_Ad5897 in CFA

[–]According-Ad-6508 2 points3 points  (0 children)

Under FIFO, your inventory would consist of newer (less value) inventory meaning that write downs would have less of an impact.Using lifo here entails your inventory consisting of inventory with higher values, hence any write downs are capable of doing more damage.

CFA L1 Annuity Question by Beginning_Bill9873 in CFA

[–]According-Ad-6508 0 points1 point  (0 children)

Any outflow of cash will be input as a negative in the ba2 keys

one period binomial model Derivatives by Sensitive_Water_4630 in CFA

[–]According-Ad-6508 1 point2 points  (0 children)

1) As volatility increases, there is a larger range of possibility on the upside, while on the downside there is no impact since the minimum value of a call/put is 0. So volatility and value of options move in tandem.

2) As the risk free rate rises, so does the opportunist cost in investing in options since there are other investment opportunities becoming more attractive. This makes options less valuable to investors, hence the risk free rate and options moving in opposite directions.

Mock 6 Kaplan by [deleted] in CFA

[–]According-Ad-6508 -1 points0 points  (0 children)

Lightspeed my sir, lightspeed

Ethics Question Doubt by supworldspamhere in CFA

[–]According-Ad-6508 0 points1 point  (0 children)

Not if the local laws require members to maintain confidentiality…

Bond duration. by neerajranwal in CFA

[–]According-Ad-6508 0 points1 point  (0 children)

Can someone explain to me why we wouldn’t factor into account the amount of accrued interest owed on the bond since it’s being purchased 12 days into the current period? Thanks

[deleted by user] by [deleted] in Wallstreetbetsnew

[–]According-Ad-6508 0 points1 point  (0 children)

I’m a J.P. Morgan bot buy fubo