I just looked at the 03/04 L2 notes...

as we had a fixed income question at work. without a doubt our test had 25-30% more material on it. and yes, this is the exam that had a 32% pass rate. the test has definitely become harder, or at least in greater quantity, over the past 4-5 years.

old exam are much easiler

Useless discussion, they’ll say the same about this year’s exam in 2012.

Bleeck Wrote: ------------------------------------------------------- > Useless discussion, they’ll say the same about > this year’s exam in 2012. I agree.