When you see a problem involving an equation like grinold kroner, taylor rule, yardeni, etc… make sure you double check what they’re asking and verify the inputs are correct. Usually, there’s a second step involved or some type of data transformation that needs to be performed. These equations are easy to memorize so they’re not just going to lob softballs at you.
Duration of the portfolio = asset deuration (recievied ) - liability duration (paid). - to convert currency from US to Euro using this US/Euro then divide AS */* INDICATE. Otherwise multiply.
2013 cfai exam on taxes. Minimum eligible amount for distrubition
Spelled out that wife is eligible for max of community property/forced heirship. However, took the lesser of the two due to the “minimum eligible amount” wording. If you don’t know this stuff 100% if you strike out (I’m talking everything - even Cobb douglas/fed model/etc)
TLT LU (i just remember this because TLT is the 20 year bond ETF, and LU is how every Luxembourg denominated ISIN code starts) i know this is probably not very helpful for most, but for those who see this stuff day in day out at work it might be a good way to memorize, works for me.