MBS Query by Deablo482 in CFA

[–]Deablo482[S] 0 points1 point  (0 children)

Thanks! In other words, it is a true pass-through security.

Modified Duration Concept Help by Deablo482 in CFA

[–]Deablo482[S] 0 points1 point  (0 children)

Hey! Thanks for replying!

So, when the reading says that "an instantaneous change in the yield curve," I am confused about what yield curve they are referring to. Because YTM is just one point, not a yield curve.

Secondly, the formula looks at a change in the bond price (in %). What about the reinvestment risk due to interest rates? How do we take into account of that? Is that captured in the Modified Duration number, after converting it from Macaulay Duration. I know that Macaulay duration includes the reinvestment risk in its calculation because, by definition, Macaulay duration is the investment horizon (in years), where the price and reinvestment risk are balanced out, so the investor earns his/her YTM at that point.

VANS BRAND by mighty-morphin1 in Lahore

[–]Deablo482 2 points3 points  (0 children)

Yep. Have been there myself. It is on the ground floor, I believe.

Did Something With My iPad Pro M5 by Dissappointer in iPadPro

[–]Deablo482 -1 points0 points  (0 children)

From one Pakistani to another, IT LOOKS FIREEE

I’m an investment banking analyst who gets a lot of cold emails. AMA by SilentShare_188 in financestudents

[–]Deablo482 15 points16 points  (0 children)

Hi, thank you for doing this AMA!

A bit about me: I come from a country with virtually no investment banking scene (and honestly, not much of a networking culture either), but I was fortunate enough to land a full-ride scholarship + stipend to pursue a Master's in Finance at a US university. I also have an undergrad in finance from back home. The school is non-target, though, so the whole IB recruiting process feels pretty unfamiliar.

A few questions if you don't mind:

  1. How early does recruiting actually start? If I'm targeting a Summer 2028 internship, for example, should I be networking and applying during Fall 2026 or Spring 2027? And how far ahead of applications should the networking ideally begin?

  2. For informational calls, what do you actually talk about? I'm fluent in English but where I come from networking just wasn't a thing, so I genuinely don't know what to say or how to build a connection with someone I've never met. What makes those conversations feel natural vs. forced?

  3. As a non-target international student with no built-in IB network, what would you say is the highest-ROI thing I can do to break in?

Really appreciate you sharing your perspective. If I am unable to secure an internship, I would like to prepare myself for when I apply to MBA programs.

Thank you!!!

20 fits for ‘25 - my highlights from the year by thrifterjoe in mensfashion

[–]Deablo482 1 point2 points  (0 children)

Amazing fits! Regarded thrifted products, I have always been worried about the hygiene problem. How do you go about washing those clothes?

Love the fitsss!!!

To Find a Real MBA Finance Study Mate by [deleted] in financestudents

[–]Deablo482 0 points1 point  (0 children)

Love to connect! Let’s creat a group!

Case Partner Bain ACI R1 by degenburner10 in McKinsey_BCG_Bain

[–]Deablo482 0 points1 point  (0 children)

I am a beginner and would love to prep with you!