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Old 06-19-2017, 11:18 AM
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tkt tkt is offline
Join Date: Jun 2011
Location: Des Moines
College: Drake University
Posts: 498

Originally Posted by mistersunnyd View Post
I recently reached level 7 on Adapt, and I've been seeing some weird ass questions on stuff I've never seen before in the ASM manual or on the syllabus. For example, I was asked earlier about discrete time models and rainbow options, both of which were new to me. Is this stuff actually on the test? Also, is there a more efficient way to study for the exam other than just spamming practice tests? Maybe quizzes on questions below a difficulty of 8?
Discrete time model is on the syllabus. For example, SOA sample question 39 tests that model.

You don't have to know the name of rainbow option. However, questions that require manipulating a payoff involving min/max function and calculating the price are still a fair game.
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