I apologize in advance for the more general topic, but I’m having a heck of a time with FRA. I felt like it was a lot more intuitive in L1 than in L2. Does anyone have any tips for how to approach FRA? I’m done with all study sessions so I have quite a bit of time to review the material - just curious of the best approach to doing so.
One tip I got for adjusting NI for capitalized interest cost is to think of DIP: + depreciation, +Interest, - Lease Payments
I am a person who learns more by listening to videos than reading materials. I liked irfanullah videos especially for FRA, derivatives and few others.
You can buy videos only for FRA, and get it sorted.
Btw I found FRA more interesting in Level II than in Level I, infact I enjoyed learning FRA
I have found it helpful to build the longer Blue Boxes and EOCs in Excel. Even to do this more than once. It kind of forces you to see the flow between inputs and outputs.
That is an excellent idea with many practical benefits as well. Haven’t tried it but it was always on my mind. Can be applied to all topics, including FI and alternative as well.