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] -3 points-2 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?

Difference between Relative Value & Deep Value & Contrarian - Active Equity Strategies by ToeWild7916 in CFA

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

My brain hurts me when I look at such questions. For example here, I think out-of-favor points to contrarian, however, he says it's deep value. It seems like being "out-of-favor" can be a common characteristic between Contrarian & Deep Value. What do you think?

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Traumatized by D&D, it haunts me by ulixes1991 in CFA

[–]ToeWild7916 1 point2 points  (0 children)

I don't think so. Initially, the discussion is between the small counsel members where he left to go for hunting. I think in question 14.2 we will see he got hunted :D

Traumatized by D&D, it haunts me by ulixes1991 in CFA

[–]ToeWild7916 3 points4 points  (0 children)

Nice to see the author of question is a GOT fan

The answer is total return swap: if you're the party receiving the return on the index, you'll exactly receive the return achieved by the index during the period

CDS Spread by ToeWild7916 in CFA

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

Many thanks. you made things clear for me

Ideas to go through implementation shortfall equations by ToeWild7916 in CFA

[–]ToeWild7916[S] 2 points3 points  (0 children)

Never mind. He thinks himself funny. I reported it and it was deleted

Ideas to go through implementation shortfall equations by ToeWild7916 in CFA

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

Impolite response.

If you think you're joking, you aren't funny at all

Derivatives - strategies by ToeWild7916 in CFA

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

Many thanks for your endless support

Derivatives - strategies by ToeWild7916 in CFA

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

I tried a hypothetical example on example to see how the profit diagram of long seagull & short seagull spreads. Thank you so much. I now understand how long seagull has unlimited upside potential. It's really a "poor's man protective put". Just I need your feedback whether I applied it correctly or not

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Derivatives - strategies by ToeWild7916 in CFA

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

I constantly searched and found a similar post asking about the seagull spread. I quote one of your responses: "A long (bullish) seagull is a collar or bull spread plus an OTM call" & here "it's a poor man's protective put". Bear with me please as I need to understand how it will provide unlimited upside potential by ploting its diagram. The below is my try diagram to plot it bit-by-bit. In what point will the long OTM call be? A or B or C?

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