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John Moffat.
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zinah
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Any Predictions for Dec 2019 exam??
John Moffat
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No. Given that the exam is set 4 times a year, it would be silly to try and make any predictions 🙂
Except of course, as the examiner has written, every exam will have question(s) which have a focus on advanced investment appraisal, and on advance risk management techniques.
zinah
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Phobos (12/08) Interest Rate Question.
In the question they have given Open and Settlement prices for the short-term sterling futures.
Is there any rule on selecting the applicable price?
John Moffat
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In future you must start a new thread when you are asking a new question.
We use the settlement price. (However this is a very old question and was set by the previous examiner. The current examiner does not confuse by giving two prices.)
zinah
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