Capital Markets


I was going through Exter Asset managment case in CFAI Mock exam 2017 AM :

Q 26 - I do not understand the explanation as to unpagging the currency and its implications

Q 27- Inflation is expected to be above the expected -so my interpretation is that then currency will devalue and yield will increase so the total investment value will decrease right?

Q 29- I am totally lost here- the formula in the answer we have not seen in the curriculum at all?

Can anyone help?

Is AM Mock on CFAI Portal in vignette style?

Yes, but it’s multiple choice. It’s basically two PM exams really.

I am planning to take it on Monday.