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#31




Are your running firefox? Mine doesn't recognize excel files and opens up garbage. Save the attachment to disk then open with excel.

#32




The attached Excel spreahseet was how I wrapped my head around the many combinations of options. Hope this helps and good luck!
Scottie 
#34




If anyone uses the iPhone app gFlashPro, I am going to start making flash cards on there that I will share.
If anyone has an excel sheet with flashcard type material it would be a great starting point. TIA
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"There are three kinds of people in the world, those who can count, and those who can't." 
#38




Here's a simple formula to determine the yield rate on an investment involving shorting a stock. I saw a few solutions from different sources that all varied in their approach and found them a bit confusing so I cleaned up their approach and made a more straight forward formula. I hope you find it as useful as I do.
Say Bob sells a stock short for price P and buys it back for price B at the end of one year. He has to deposit a margin M (k% of P) which he receives an interest rate of j on. One year later before Bob buys back the stock the stock pays a dividend of D. What is the yield rate on his investment? To recap: P  short sell price B  buyback price M  margin deposited = k% of P D  amount of Dividend (if need be accumulate to end of year) k  percent of P deposited as margin j  interest rate (used to calculate interest on M and D) divided by *I'm going to work on getting this into tex.
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Sum ergo Cogito Last edited by Noumenon84; 06252009 at 08:44 PM.. 
#39




Notes
I was googling and came across an actuarial club site and found some great formulas to use when studying. It doesn't cover everything since it looks like it was updated in 2007 but it looks good!
The site is here: http://grove.ufl.edu/~fass/examfm2.htm and ther attachment is below. 
#40




Does anyone know how many questions are there in the fm exam?
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Helen Li "Every man takes the limits of his own field of vision for the limits of the world" 
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