For those of you that are through the last book, how many of you can comfortably solve a relatively complex valuation question on swap market value from start to finish? ie. Currency swap with continuous compounding and valuing as of a date other than maturity and inception. Questions like these seem to take a lot of time. And demand great attention to tiny nuances. Just curious if people are all experts on derivatives already.
not to brag but i am an expert already… how… well i spent so much time on them, time that probably would have been better spent on FSA But I tell you if there is anything you need to watch Schweser videos for, it is SWAPS… they do such a good job with it. I had tried to read it from CFAI and from Schweser, both times found it chinese. After simply watching the Schweser video, I solved all EOC correctly before even reading!
^ also drop me an email if you ever have a derivatives question i will be glad to go over it with you and make sure you get it. I am trying to stay off AF… nomojunk@live.com