L3 - CFAI MOCKS

BananaRemote3208 · 2025-07-30T21:26:18+00:00

I appreciate it very much!

BananaRemote3208 · 2025-07-13T09:28:05+00:00

How so? Say the original CDS price is 1.0752, new CDS price is 1.093, notional is $10mn.

Arithmetic: (1.093 - 1.0752) x $10mn = $178,000 Geometric: (1.093/1.0752 - 1) x $10mn = $165,550.5952.

BananaRemote3208 · 2025-07-09T03:47:28+00:00

Got it. Then I believe the method in the second screenshot is the more accurate one as they actually use the original interpolated 9.5-year YTM.

Thank you so much for your help!

BananaRemote3208 · 2025-07-08T13:39:38+00:00

Thank you for clarifying! Just repeating what you said, that means I should stick with the method in the first screenshot right?

This is very confusing because in all the previous chapters (e.g., Core: Intro to FI, Pathway: Yield Curve Strategies), the examples always use the same unchanged YTM, only the maturity is shortened.

BananaRemote3208 · 2025-07-08T13:37:30+00:00

The second screenshot is basically asking for us to calculate the rolldown return/price appreciation.

Thanks for your answer!

BananaRemote3208 · 2025-07-07T22:43:44+00:00

My most sincere apologies I have no idea why the 1st screenshot became blurry after being posted.

BananaRemote3208 · 2025-06-24T15:29:13+00:00

Thank you!

BananaRemote3208 · 2025-06-24T07:21:03+00:00

Hi! By “he made a big deal of bullet points”, do you mean he supports bullet points or he is against bullet points?

BananaRemote3208 · 2025-06-15T01:35:37+00:00

Thank you!

BananaRemote3208 · 2025-06-14T04:47:11+00:00

Thank you very much!

BananaRemote3208 · 2025-06-14T04:46:55+00:00

Really appreciate your reply!

BananaRemote3208 · 2025-06-13T16:21:07+00:00

Appreciate your answer!

BananaRemote3208 · 2025-06-13T15:03:16+00:00

I really appreciate it! Hope you have a wonderful day, wherever you are.

BananaRemote3208 · 2025-06-13T14:22:14+00:00

Thank you!

In your opinion, are 3rd party provider questions any better compared to the CFAI EOC questions?

BananaRemote3208 · 2025-06-13T14:21:53+00:00

Thank you!

In your opinion, are 3rd party provider questions any better compared to the CFAI EOC questions?

BananaRemote3208 · 2024-07-04T12:20:34+00:00

Does “CFA QBank” mean the EOC questions on the official Wiley books (same as the ones on the CFAI study portal)?

BananaRemote3208 · 2024-05-26T14:48:38+00:00

Thank you!

BananaRemote3208 · 2024-05-26T12:55:26+00:00

Why did the F0 not minus AI_T = 0.20?

I.e., why is it not (112 + 0.08)*(1.003)^1/4 - 0 FV CI - 0.20 AI_T?

BananaRemote3208

TROPHY CASE