Defo study and restudy the binomial pricing on bond and stock see Relative Value strategy, got the questions 2 times in a row. 1st time didnt pass level 2 and this time,I felt much more confidenceā¦
Got a few questions on volatilty and leverage see Topic 7.6 and 8.1
Got also questions on Topic 2.7
For level 2 candidates, I advise strongly to use the free resources like the 113 Sample Exam Level II and more importanly the 253 pages of Workbook Level II . Questions are more in aligned with the exam !!!
Good luck folks fo those who can attend the test,
T
Can i ask how accurate is the sample exam format to the actual one? I noticed that the 113q sample exam dont have too many questions on calculation, but qualitative in nature.