Level 2 Exam Errata

CFA Level II
#1

Has anyone found mistakes in the 2012 mock exams.

I have found quite a few.

Morning Session

Q17 - interest payment comment is also incorrect (Z-tranche accrue interest not, it doesn’t pay interest)

Q24 - Answer made a miscalculation

Afternoon Session

Q34 - Value of equity should be EV - Cash & ST Inv + Debt (not EV + Cash - Debt)

Are there more ?

#2

Here is another one

Afternoon session Q45

If they don’t have the underlying asset which is what the text is implying, then the answer is B.

BTW: PLEASE CORRECT ME IF I’M WRONG. Thanks

#3

I think the errata is up on the cfai website…

#4

Yes but are there more mistakes ?