Sign up  |  Log in

Net payment cost index and net surrender cost index

Shall I bother with these?

I have them in my notes, once I knew them, but I’m exhausted.

If you weren't successful on your Level III exam, you'll want to be the first to know when Schweser study materials are available for 2020 exams. Sign up below, and we'll notify you as soon as they are available for sale.

My money on not critical.

I just brushed up on the definition of them a couple hours ago. Hopefully the calculations aren’t necessary? I forgot how to set my calculator to BGN mode already lol.

keroppi3785 wrote:

I just brushed up on the definition of them a couple hours ago. Hopefully the calculations aren’t necessary? I forgot how to set my calculator to BGN mode already lol.

i suggest you bring 2 calculators, one set in BGN mode.

Its like Thor wielding Mjolnir and Storm Breaker at the same time.

And when this question appear on exam this saturday, imagine your self surrounding by thunder aura and whisper within your heart : “Let’s kill him properly this time”

"You could not live with your own failure. Where did that bring you? Back to me." (Thanos - Endgame)

Moosey wrote:

Shall I bother with these?

I have them in my notes, once I knew them, but I’m exhausted.

I think they’re so straight-forward that if you go through the calculations for like 5min, you’re sure to internalize it. It’s basically just calculating FV of the ”premium leg” and the ”dividend leg”. The probability of them being in the exam is small but it would suck to lose points on a relatively simple question like that. 

If you're the first out the door, that's not called panicking