L1 Questions Type

[Ank]

Hi,

While practicing previous year sample papers I see many tough greeks and VaR questions, which are now part of L2. Can anyone please tell, do I have to expect such type of questions in L1.

Thanks

 

[ShaktiRathore]

Hi,
Part 2 Questions shall not appear in part 1. If you saw these questions which are tough in part 2 sample papers then they shall not appear in part 1 exam but those questions that appeared in part 1 sample papers will only appear in part 1 exam.
thanks

 

[Ank]

Thanks a lot ShaktiRathore, I was finding it really difficult to solve some greeks and VaR questions in 2006, 07 and 08 sample papers. Good to know!!!!!

 

[David Harper CFA FRM]

Of course ShaktiRathore is correct that P2 questions will not appear in P1, but Ank please understand that option greeks and value at risk (VaR) are definitely P1 topics (i.e., reading 18 and 19 in Topic 4: Valuation). You can expect questions on both, especially VaR. Thanks,

 

[Ank]

Thanks a lot David, I was stuck in some sample questions. Is any any formula sheet available for P1 candidates, I see one post by ShaktiRathore and its very good. But still I feel if there is some more consolidated final sheet.

 

[David Harper CFA FRM]

Hi Ank, yes Suzanne is processing formula documents currently, we'll upload by EOD, thanks,

 

[Ank]

Able to find formula sheet, its very extensive and awesome. Thanks a lot David/Suzanne