[accafinalist]

Couldn’t agree more. What a fine paper this was. As this was my last one – I tried to go in there and enjoy it.

Unfortunately, I relied on the assumption that an interest rate question would come up. I was obviously wrong. I had not practiced FX rate risk questions enough.

Other parts of the paper were very reasonable. Especially MBO vs MBI and IPO vs RTO.

Anyways, I wish you all a very happy Christmas break.

Peace.

[Author]

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