Anyone else having a hard time getting through reading 56?
Nah, just you.
have you tried actually doing one of the EOCs yet? Valuing a bond w/ an int rt tree even if it has embedded options is pretty mechanical/not much thinking required, let me know if that gives you trouble
I actually found this fairly straightforward. Now pension accounting, that one’s a bitch.
In retrospect now that I got through the interest rate trees and figured out the questions, I guess it really wasn’t that bad. On to mortgage passthrough securities! I remember pension accounting was pretty tough… I don’t have to worry about that until I start review! thanks for the help offer Andrew! 
Just like AndrewUNH said: 100% mechanical. When you finally get it down, it’s hard to forget.