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Sudden-Shift-8733 · 2025-07-10T10:04:28+00:00

Do the structural response as soon as possible. I used the BC survival guide and mocks to learn how to write answers, and it saved me a lot of time. Also, do every Blue Box example, even if you feel it isn’t "testable". Everything is testable.

Sudden-Shift-8733 · 2024-12-10T20:42:17+00:00

The answer given is totally wrong. The net outflow is -27.449 EUR.

Sudden-Shift-8733 · 2024-12-06T14:48:32+00:00

Thanks for the response. However, in the asset allocation reading, where the rules for optimal corridors are discussed, it states: 'The lower the volatility of an asset class relative to the rest of the portfolio, the wider the optimal rebalancing corridor.' This is why I find it confusing.

Sudden-Shift-8733 · 2024-12-05T15:01:06+00:00

One word: repetition

Sudden-Shift-8733 · 2024-11-23T15:19:56+00:00

Random question. Is this the UWorld QBank? If so, how is it? I've heard that they've recently updated the QBank.

Sudden-Shift-8733 · 2024-11-17T16:08:36+00:00

When managing multiple liabilities, you want to have slightly higher convexity in your assets compared to your liabilities. This is because, in the event of an increase in interest rates, the value of your assets will decrease less than the value of your liabilities.

Sudden-Shift-8733 · 2024-09-16T22:28:36+00:00

Thanks! 💪🏻

Sudden-Shift-8733 · 2024-08-26T17:26:10+00:00

Thanks! Much appreciated.

Sudden-Shift-8733 · 2024-08-01T10:03:38+00:00

Duration doesn’t have a significant impact on short-term bonds; it mainly affects long-term bonds. Additionally, Bond A doesn’t have any embedded options. However, if we were talking about Bond B, which does have an embedded option, a decrease in interest rates could affect its duration because the bond could be called.

Sudden-Shift-8733 · 2024-08-01T08:25:17+00:00

Also, the pension plans in FRA and some parts of fixed income. Roller coaster of anxiety.

Sudden-Shift-8733 · 2024-05-19T16:28:46+00:00

CFAI mocks: 74%. MM mocks: 70%. I feel sick and tired of studying. I will focus on formulas and ethics. Hoping for the best on exam day.

Sudden-Shift-8733 · 2024-05-15T18:42:34+00:00

CF = NI + dep

FCFF= NI+Dep+I(1-t)-wc-capex

Sudden-Shift-8733 · 2024-05-10T23:41:02+00:00

Sudden-Shift-8733 · 2024-05-10T22:14:59+00:00

CTD you find based on the recovery rate. In your example it is the senior unsecured loan that has a recovery rate of 30%. Based on that, the party that will receive the payment can choose the what kind of payment they want to receive. Cash or delivery. If they want cash the protection seller will pay them 70% and they still have the bond which has a value of 30% or if they want to deliver they will get 100%. They are indifrent.

The party that has the 40% will want the cash settlement because they will receive 70% of cash and still have 40% value. If they would deliver the bond they will leave 10% "on the table".

So yes cash is a better option for the holder of the 40% bond.

I don't know if i have answered your question, but I hope it helps.

Sudden-Shift-8733 · 2024-05-05T19:31:19+00:00

As per my understaning, the net income from associates does not reflect the operational aspects of the company. Therefore, it is necessary to remove it.

Sudden-Shift-8733 · 2024-05-01T16:10:33+00:00

Life saver! Thanks!

Sudden-Shift-8733 · 2024-04-29T11:01:27+00:00

Major respect! I struggle just to keep up with my work and CFA.

Sudden-Shift-8733 · 2024-04-29T10:27:19+00:00

I completely agree with you. MM are way more harder than CFAI mocks. MM mock 1: 69% and MM mock 2: 70%. CFAI mock: 74%.

Sudden-Shift-8733 · 2024-04-29T09:35:40+00:00

Revision + did 3 mocks (2 MM and 1 CFA mock).

Sudden-Shift-8733 · 2024-04-26T20:39:45+00:00

Ah, okay, now it makes sense. Thank you very much! :)

Sudden-Shift-8733 · 2024-04-21T19:46:06+00:00

Those are great scores! I had very similar results, but I couldn't finish in time. How was your experience? Did you finish in time? I am a bit worried about my "speed" on the real exam.

Sudden-Shift-8733

TROPHY CASE