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  #101  
Old 02-19-2018, 12:33 PM
Actuarial Exams Actuarial Exams is offline
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Originally Posted by Whoaminoneofyourbusiness View Post
Probably right but it's dangerous to think that for this sitting especially because of the syllabus change. Worst thing I could do is underestimate and have to take a new exam in four months.
Don't sweat it. Everyone passes.
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  #102  
Old 02-19-2018, 04:59 PM
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Don't sweat it. Everyone passes.
Not if you haven't finished all the material with 24 days left.

AKA me.
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  #103  
Old 02-20-2018, 08:16 PM
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yolo
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  #104  
Old 02-21-2018, 06:35 AM
angryleslieknope angryleslieknope is offline
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16 days to go....zero practice exams taken. And I'm at a conference M-F of next week. Hooray?
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  #105  
Old 02-21-2018, 03:50 PM
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hooray
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  #106  
Old 02-22-2018, 10:31 AM
tcnjmathmajor97 tcnjmathmajor97 is offline
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If I stick to my schedule I will be done going through the material by Sunday. That will give me 15 days for ADAPT and I am going to try to do 2 exams a day.
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  #107  
Old 02-22-2018, 11:41 AM
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So I just finished interest rate models and I understand how to apply the formula to the ADAPT video lecture example questions...

conceptually the topic is hard to digest but...solving the problems seem simple enough.

Are interest rate model questions generally straightforward plug-and-chug?
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  #108  
Old 02-22-2018, 02:12 PM
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So I just finished interest rate models and I understand how to apply the formula to the ADAPT video lecture example questions...

conceptually the topic is hard to digest but...solving the problems seem simple enough.

Are interest rate model questions generally straightforward plug-and-chug?
Once you've gone through this topic a couple times, you will find that it's pretty manageable from a conceptual standpoint. Common exam questions from this topic include:
- Calculating the forward price on bonds.
- Using the binomial interest rate model (including BDT tree) to price bonds, options on interest rates (i.e., cap, floor), and options on bonds.
- Using Black's formula to price options on bonds.
- Using put-call parity for bonds.
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Last edited by tkt; 02-22-2018 at 02:23 PM..
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  #109  
Old 02-23-2018, 05:30 PM
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Do the CA review videos for option greeks not include the specific formulas for calculation of each greek because they aren't tested very often?
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  #110  
Old 02-23-2018, 06:58 PM
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Do the CA review videos for option greeks not include the specific formulas for calculation of each greek because they aren't tested very often?
Yup. We think the main formulas that you really have to know would be the formulas for delta and gamma. According to student's reports (and AO), there weren't any questions that involved calculating Greeks other than delta and gamma in the Nov 2017 exam.
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