Course Errors Found in 2024 Study Materials P1.T3. Financial Markets & Products

[Nicole Seaman]

Please use this new thread to let us know about any errors, missing/broken links, etc., that you find in the 2024 materials that are published in the study planner under P1.T3. Financial Markets & Products. This keeps our forum organized. We appreciate your cooperation!

PLEASE NOTE: Our Practice Question sets already have links to their specific forum threads where you can post about any errors that you find. This thread is for any other materials (notes, spreadsheets, videos, etc.) where you might find errors.

Information needed for us to correct errors:

• Reading
• Page number
• Error

 

[adrianmurrutia]

Hello Nicole,

Hope you are fine.

I just want to let you know that pages 532/1038 and 533/1038 of the reading "FRM Part 1: Financial Markets & Products, chapter 12. Option Markets - Employee Stock Options" are repeated.

Thank you!
Regards,

Adrián

 

[KArno4379]

Hi Nicole, on pg. 750 (Ch. 16, properties of interest rates), the last bullet point on the changed bond price should be "$93.96 (= 94.21 - 0.2496)". Currently, it shows "96.96343" as the adjusted bond price.
Thank you!

 

[MHack6867]

Hello I do not know how for the Commodity Futures and Forwards unit is receiving a storage cost here in the XLS package (content not updated so I'm not sure the formula that is being used) but I do not get how the storage cost is $15.57... even if we do not use the spot price and use the theoretical Futures price the cost is $15.69.... maybe someone can explain further.

I believe the formula for continuous compounding is correct that I used so I'm just not sure where the 15.57 came from... I've re-created the spreadsheet myself and tried all sorts of numbers to get to $15.57.