Capital Markets

CFA Level III Economics
#1

hi,

I was going through Exter Asset managment case in CFAI Mock exam 2017 AM :

Q 26 - I do not understand the explanation as to unpagging the currency and its implications

Q 27- Inflation is expected to be above the expected -so my interpretation is that then currency will devalue and yield will increase so the total investment value will decrease right?

Q 29- I am totally lost here- the formula in the answer we have not seen in the curriculum at all?

Can anyone help?

#2

Is AM Mock on CFAI Portal in vignette style?

#3

Yes, but it’s multiple choice. It’s basically two PM exams really.

#4

I am planning to take it on Monday.

#5

bump