Thought I’d kick off my L2 prep by turning to the CFA knowledge hive and hopefully get some collective advice.
Do any buddy Know, how many LOS are in CFA level II 2019?
i am wondering if anyone has experience with live classes and inperson class. I am debating between two and resorting for this community’s guidance .
hope someone have some insight. Thanks in advance.
In the CFAI practice problem set, it says “Johansson tells Smith that she places emphasis on the efficiency of spending on obtaining new premiums“
From the notes, I understand that this is measured by underwriting expense ratio. However, the solutions list the right answer as A, combined ratio (which is defined as overall efficiency of an insurer’s underwriting business). Am I missing something here?
The question is reproduced below:
[question removed by moderator]
IMO the answer would be 75 + (68*0.5 - 22*0.5) = 98. Please tell me why the dividends aren’t taken into account. thanks
I know a lot of students get stuck on equity. Let’s have this post all about Equities. Any questions feel free to ask
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