June’s test is a complete blur to me, but for this section is it really as plug and chug as I’m reading in the text? If I could just learn all of this it seems to be easy points.
Instead of following the text - the Schweser way or Stalla (David Hetherington’s explanations on the video - only the video has the method, not the texts. Texts follow what the CFAI book has provided). Or else follow the links below to understand. Do plenty of problems so you have the method down pat. Swaps: http://www.analystforum.com/phorums/read.php?12,749056 FRAs : http://www.analystforum.com/phorums/read.php?12,754042
Thanx cpk123
cpk123 Wrote: ------------------------------------------------------- > Instead of following the text - the Schweser way > or Stalla (David Hetherington’s explanations on > the video - only the video has the method, not the > texts. Texts follow what the CFAI book has > provided). > > Or else follow the links below to understand. > Do plenty of problems so you have the method down > pat. > > Swaps: > http://www.analystforum.com/phorums/read.php?12,74 > 9056 > FRAs : > http://www.analystforum.com/phorums/read.php?12,75 > 4042 +1 cpk, hope u pass L3 dude!
Thanks I’ll give this a look over tonight. I actually really liked the forward contracts readings, schweser and text, and I think I’ve got the Equity, Fixed Income, and Currency forward calculation down cold. The FRA was the one part I skipped because it looked all sorts of confusing. Hopefully these notes will help me get through this. I’m counting on above 70 in derivs and financial reporting, since if I get those a pass shouldn’t be too much harder.
In my experience, Forwards and Options are where I was able to do well. Even FRAs aren’t so bad once you get a hang of the basic concept. However, Swaps is where I tripped up all the time. I liked Schweser video instruction for Derivatives.