Hi @David Harper CFA FRM, I would much appreciate if you could answer the below question:
Why do we use simple rates when it's about t-bills valuation, I mean, in the following exercise:
1. A US T-bill paying $10,000 after 13 weeks sells at a discount rate of 2.04%, how much does Tami pay for...
Passed 2111. Congrats to all the others who passed.
Thank you BT team for the excellent preparation and special thanks to @David Harper CFA FRM, it was so helpful to have someone who knows and kindly explain all kind of questions, really appreciated it.
I personally felt it was a mix of good and (really) bad questions.
I was able to actually finish the exam 30 mins before, giving me time to check my flagged questions.
I found qualitative questions difficult. I mean almost every question had at least 2 options which seemed to be identical...
Hey @David Harper CFA FRM
Could you please explain why in this case the correlation between interest rate and the future price is positive and in this example, the relationship changes?
Regards!
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.