Does anyone know if the exam stick to the aims or not. Or can they ask question that was in the core readings but not in an aim statement? Just wonder did any of you read all or big part of the core readings? I haven’t touched the core readings, I almost finished the handbook. And will start doing garp practice exam thereafter.
they will stick to the aims though they may ask a few things not covered by the aims - e.g. what is the lower bound on a European put currency option when all the data on currencies (interest rate, spot rates etc.) are given…and this is not the same as that of European options on equities. I don’t think this is covered in any aim but has been asked….