If you believe that there was an error in any question (or ambiguity! or anything unclear!) then you can write to the CFA Institute before 12 June 2009. This may make them mark the question more “leniently” (= “fairly” IF the question was incorrectly or ambiguously worded), BUT you must be detailed in your comments and try to support them with pages from the Curriculum Readings. *** https://www.cfainstitute.org/canservices/private/programs/exam_content.asp "Exam Question Comments – Available for five days after exam day. If you believe that an exam question contained an error, please submit specific information. To submit a comment, follow these steps: Click on the above link. Enter your candidate number, test center code (PDF), level, session (a.m. or p.m.), question number. Enter specific details to ensure appropriate follow-up measures in the comment field. Incomplete submissions may not be considered CFA Institute investigates all comments and complaints related to the exam content; however, you will not receive an individual response to your submission. We review the exam questions and answers, curriculum readings, and exam results related to each comment or complaint. Incomplete submissions may not be considered. " Quoted from the www.cfainstitute.org
I thought the bond question with the initial dollar safety margin was poorly worded that was about it
wow we’re supposed to memorize question numbers now? They really do expect a lot from us!
Well if you can’t memorise the question number, just put as much detail as you can on the form. The more valid comments we submit, the more it will help all of us in the end!
i think we should complain about the house money question… is that really in the cirriculum?
monki Wrote: ------------------------------------------------------- > i think we should complain about the house money > question… is that really in the cirriculum? Unfortunatelly it is mentioned in the second CFAI volume…to be more specific, mentioned in exactly 3 lines….just like a foot note…3 lines among the 120.000 lines the book has…. by the way not mentioned in any LOS…I think this is not fair
Don’t you think the LOSs can be misleading as some questions tested are out of the scope of LOSs ?
“house money” WTF does this relate to gamblers fallacy therefore more risk seeking ?
House money is in the CFAI text. It wasn’t a huge mention but then all of those behavioural chapters were pretty concise. If you read the CFAI text books & reviewed it should at least have rung a faint bell. Accept it.
There was a bunch of people confused about loss aversion: reluctance to holding on to losses versus “Trying to break Even” = buying more positions to break even. I wonder would both get credit… After all, loss aversion is one of the basic foundations of Behavioral Finance.
CFAI always assumes that candidates have super memorization power and requires candidates to memorize much material which is eaningless to memorize (Provisions of ethics/GIPS…). Now they require candidates to even memorize the question numbers ! I think even the question writers and/or compilers can not remember the question numbers ! Does it mean that candidates shall not comment and/or complaint at all ?
The WACC question is a calculate question. BUT all the LOSs are Explain