CFAI weights this section as ranging from 15% -25%. Schweser FRA section is the second HALF of book 2. Seems a little odd to me that possibly a quarter of the entire exam could come from approx 170 Schweser pages. Am I missing something here?
nope, you’re on to something. know your pensions, multinationals, etc. extremely well because they’ll show up.
I agree Skip but the actual CFA text for reporting is much smaller too!!
FRA - we are to expect 4 - 5 items sets right…I understand that we need to review L1 FSA, because they will ask at least 1 - 2 items sets on L1.
what kinda L1 stuff mate?
Niraja…according to Pete …he says review L1 core concepts i.e LIFO vs. FIFO, capitalization vs. expensing, depreciation, DTA, DTL, debt instruments and leases and off b/s debt and know the 40 ratios in the CFAI…Ok…you now owe me some of ma stalla costs hahhah…lol. Good luck bro…
will do as soon as i pass. congrats, you now own a call option. where’s my premium? lol
I could arrange you both a receiver and payer swaption, so that it becomes easier to handle the transactions on payment dates. Where my premium? lol
hahahahahah +1