300Hours | mikey | Mentions

Zee Tan replied to the topic How to calculate forward rates from spot rates in the forum CFA Level 1

Fri, 14 May 2021 19:58:23 +0100

Hi @pcunniff, @mikey might chip in later but meanwhile I’ll have a go 😀

I’m actually not sure what you’re unsure about since you did the “1 year forward 2 years from now” example correctly.

The formula to calculate forward rates from spot rates is:

forward rate=(1+ra)ta(1+rb)tb-1

where:

ra = The spot rate for the bond of term ta per…

Adrianna replied to the topic CFA Institute customer support impossible to get hold of in the forum CFA General

Wed, 12 May 2021 13:39:28 +0100

Thanks @mikey, I hope so too!

Zee Tan replied to the topic How to Calculate Arbitrage: Bid Ask Spread Arbitrage Examples in the forum CFA Level 2

Sat, 01 May 2021 14:04:16 +0100

@cfyay:

So, just to make sure I’ve got this right, in my head the rule is: there is only an arb opp if there is some ‘price improvement’ in the arb or dealer spread for the opposite transaction, i.e. if you can buy cheaper in the market but cannot sell for a better price to the dealer (either the dealer bid is worse or the same as the marke…

Zee Tan replied to the topic Latest: CFA May 2021 exam COVID cancellations, postponements, location changes in the forum CFA General

Wed, 21 Apr 2021 07:24:34 +0100

Hi @AmanAggarwal, we’ve merged your question into this thread which discusses May 2021 cancellations as well.

It does look pretty serious in India at the moment. For now CFA Institute’s official line is can be summarized in these points:

Any decisions on cancellations, postponements and/or rescheduling will be made in early May, and not before…

Sophie Macon replied to the topic Latest: CFA May 2021 exam COVID cancellations, postponements, location changes in the forum CFA General

Mon, 19 Apr 2021 13:45:56 +0100

Hi @tushar1804, I’ve merged your question with this thread which @mikey and @zee have answered in detail above.

Zee Tan replied to the topic How will Level 3 computer based test be like for the essay section? in the forum CFA Level 3

Fri, 26 Mar 2021 18:57:10 +0000

ahsin3294 wrote:
Thanks. Just a quick one, will we be given a scratch pad to note down stuff to include in our answer? and will we be able to highlight text in the vignette?

Yes – erasable pads would be given. In practice this is likely laminated sheets with a marker pen. You should be able to highlight text in the vignette given that you can…Read more