I personally believe its the hardest part of the curriculum, how many questions can we expect on the exam, and are you guys really digging deep in this crap!
a resounding YES!!! It is likely 12 questions … at least memorize some formulas so you can get the easy points!
Yeah… now get off AF and start studying!
there is a lot of concept but i think you can go fairly fast through forwards futures and maybe options swaps are not that hard but need some time
check out the swap questions in the CFAi books…brutal.