Cannot understand, and just want to forget it
OK.
horrible topic indeed ! but i have gone through couple of exams from providers and there are hardly any big weight questions in AM part …i hope i realize that there’s no excuse to be under prepared in any area of FI
Borrow cheap at lowest rate, invest in highest rate. Done.
I think magician have posted something on reddit, I hope it can help u out.
https://www.reddit.com/r/CFA/comments/blyjo8/liii_intermarket_curve_strategies_the_definitive/