Is calculation of Effective beta still in the curriculum?

If yes, please tell me the reading and LOS which describe this concept.

Reading 27, example 3

Yes, effective beta is in Reading 27 Risk Management: Futures and Forwards, look at BB 3 and Exhibit 3, Modifying Equity Market Risk. Sorry I don’t have a page number handy.

I would not put a lot of emphasis on what the LOS said or not on Level 3. If you look at guideline answers, they list like 7 LOS for one question. No LOS doesn’t mean anything. If it’s in the core material, it’s game on for them, including footnotes.

Thanks a lot.

Couldn’t agree more.