Has anyone come across Degree of Operational Leverage and Degree of Financial Leverage, and Breakeven Quantity in Schweser? I see it on their last year formula sheet, but nowhere on their current year text. Do we have to worry about these for this year?
Not sure what ‘formula sheet’ you’re referring to… but yes, DOL and DFL are part of the curriculum for Level II
If anyone has the book in front of them, would you kindly direct me to what pg in schweser this is mentioned? I couldn’t find it anywhere. Thanks in advance.
I clearly remember this was in curriculum last year. But didn’t see it at all in the CFA readings this year. I’m pretty sure that it has been dropped.
It was removed. http://tailieuso.com/news/22/CFA-Level-2-Curriculum-Changes-(2010%2d2011)-lastest-update.html I just flipped through the CF section and didn’t see it anywhere. Scared me for a second.
Actually, I take back my statement… I must have seen this material elsewere. According to this link, DOL/DFL/Breakeven Point material has been dropped! http://www.finquiz.com/cfa_level_2_curriculum_changes_2010_2011
not on the test… move on
good to know.this was on a 2010 Bsas mock exam I did in the morning. That and how to calculate using the black scholes model
BSAS is a joke. You would think for all of that money they might actually update the exams to match the current curriculum.
If it was the 2010 mock exam, that material WAS up-to-date at the time… 
I KNEW I didn’t see it throughout the whole schweser text. Thanks for the clarification, everyone.