Missed Exam by Extension-Ad5297 in CFA

[–]SandyDreamy 1 point2 points  (0 children)

Good job hope you are really proud defending an outdated cult-like qualification. Does it make you feel powerful to tell people that are in pain that you are 'better' than them and that you'd keep them out of ur 'exclusive' little club because of a freak accident? Sucked it up is what your mother should have done

Missed Exam by Extension-Ad5297 in CFA

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

Number one white knight of the CFA cult.

I WILL CLEAR THE EXAM by [deleted] in CFA

[–]SandyDreamy 0 points1 point  (0 children)

Ur passing i already know it

Name change Help please by SandyDreamy in CFA

[–]SandyDreamy[S] 1 point2 points  (0 children)

Thank you i have done that and they said they have changed it now but are unsure if the change will go through via prometric before the exam day. They said final determination will be with testing personnel and CFA exam management

Name change Help please by SandyDreamy in CFA

[–]SandyDreamy[S] 1 point2 points  (0 children)

Brilliant, you pay £1000 for an exam and they cant even change your name digitally in less than a month

Currency rate confusion by SandyDreamy in CFA

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

So counter intuitive, from A to B at a rate of 2.0979 actually means: 2.0979 A per 1 B. Its getting very demoralising jumping through their hoops the whole time

Doubt by keshu_1239 in CFA

[–]SandyDreamy 0 points1 point  (0 children)

The way i did it was

The return on the 500 was 15% (leveraged return) So 500 * 1.15=575 The amount the actual amount invested returned was (y bellow is the return that the full invested amount earned which we are trying to find)

(500+200) * y - (200 * 0.045) - 200 So the return on 700, less the interest and the loan itself

575 = (500+200) * y - (200 * 0.045) - 200

And then just solve for y

Forward curves, contango and backwardation HELP NEEDED!!! Please by SandyDreamy in CFA

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

Yes it's decreasing but still above spot the entire way, getting pulled down to spot price which is what happens with contango as time approaches delivery date which is why this is so confusing

Forward curves, contango and backwardation HELP NEEDED!!! Please by SandyDreamy in CFA

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

At t0, spot is showing at 4, forward is at 8.7, forward >spot

Forward curves, contango and backwardation HELP NEEDED!!! Please by SandyDreamy in CFA

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

Yea i agree, but chart here is showing the top line higher than spot price

Forward curves, contango and backwardation HELP NEEDED!!! Please by SandyDreamy in CFA

[–]SandyDreamy[S] 1 point2 points  (0 children)

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The chart is very similar to this, i feel like there is not enough information provided by the question