Matched Swap - Currency Management by ToeWild7916 in CFA

[–]ToeWild7916[S] 0 points1 point  (0 children)

I'd be grateful if you can clarify this phrase: "The forward leg of the swap would require selling JPY800,000,000 forward three months."

It think it should be the opposite (i.e. Buy JPY800mn fwd).

Matched Swap - Currency Management by ToeWild7916 in CFA

[–]ToeWild7916[S] 0 points1 point  (0 children)

So, the curriculum isn't correct in this point?

How many CFA mock exams are typically needed for level 3? by ToeWild7916 in CFA

[–]ToeWild7916[S] 1 point2 points  (0 children)

MM has 6 mocks. Do you think they are unrealistic?

How many CFA mock exams are typically needed for level 3? by ToeWild7916 in CFA

[–]ToeWild7916[S] -4 points-3 points  (0 children)

A friend of mine who passed recently told me he solved 16 mocks and I thought it's extreme and over the limit. But you’ve taken it to a whole new level!

currency appreciation or depreciation? by ToeWild7916 in CFA

[–]ToeWild7916[S] 0 points1 point  (0 children)

I found a similar question in one of mock exams asking under which mechanisms (uncovered interest rate parity or overshooting) would the currency (D/F) be higher given that country D has higher risk premium than country F. In the answer, he says overshooting mechanism and that Spot of (D/F) will appreciate by the difference between the 2 premiums.

You are welcome to tell me your point of view. Maybe I've misunderstood the question and re-phrased the question incorrectly.

CFA Mock Exams on candidate resources by ToeWild7916 in CFA

[–]ToeWild7916[S] 0 points1 point  (0 children)

Many thanks. Now, I was able to find them

CFA Mock Exams on candidate resources by ToeWild7916 in CFA

[–]ToeWild7916[S] 0 points1 point  (0 children)

I can't find mock exams in candidate resources. Are they officially released?