Topic Test: Application of Derivatives - Mink

If this was on the exam, I would’ve gotten smoked. Just putting that out there. I hope to get through all of the topic tests within the next few days or so. Anyone else focusing on these?

In addition to that, my big focus is doing IPS questions from past exams. Thoughts?

Not a bad idea to practice IPS Questions. Every Charterholder I’ve asked for advice has told me to make sure I “NAIL THE IPS”

Got 4/6 on that one, the rest are much easier, that and Silva were a pain.

Honestly, going through the 2016 CFAI mock, so much easier than the TTs.

derivatives are hit or miss… either you know how to calculate the (effective interest rate/ collar payoff/ swap duration) or you dont… hopefully the formula you know comes up