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How Quantitative is CAIA L2

Hi All - I’m studying for CAIA L2 and just came across this workbook on the website.

https://www.caia.org/sites/default/files/september_2017_lii_workbook.pdf

I skimmed through it and it looks very quantitatively focused and formula driven. They were very upfront that roughly 30% of L1 would be formula based, but I haven’t seen anything about L2. Does anyone have any insight into this? Thanks so much!

Review the key concepts and receive exam tips just before you take the exam!

Fewer than 30 percent of the questions will require calculations. Level II study guide page 3.  

Max 30%

CAIA Charterholder

can you pass the level 2 exam just by doing that workbook?

asking because i took level 2 about 5 years and failed (didnt study) but i dont remember much about the exam other than there was some overlap with CFA