World economic growth rates are expected to be positive in the future. One country might grow rapidly while another may experience slower growth. However, growth is never linear. Economic growth always follows patterns and cycles—sometimes it exceeds its potential and overheats, while at other…
The implementation shortfall (IS) metric is most important measure of trade cost used in finance. It's important to note that:It’s ex post (after the trade).Provide total cost measure associated with trading.Spans the time between investment decision is made by the portfolio manager up to…
Options: IntroductionThis is meant to be comprehensive series about options. Whether you're a CFA student seeking to deepen your understanding or someone new to the world of options, this series is designed to provide you with the knowledge and tools you need to navigate…
Basic Knowledge: Understanding the Similarities Between Options and Interest Rate Swaps. What is an Option? What is a Swap?Swaptions on interest rates are just options on interest rate.Swaption = Swap + optionOne key difference from regular stock options is that the profit of the…
You can learn through various methods such as reading, memorizing, using flashcards, and more. However, one of the best ways to learn is by practicing and taking tests! So, let's practice.Here are some high-quality, up-to-date questions for the CFA Level 3 exam on yield…
You can learn through various methods such as reading, memorizing, using flashcards, and more. However, one of the best ways to learn is by practicing and taking tests! So, let's practice.Here are some high-quality, up-to-date questions for the CFA Level 3 exam on yield…
Read this, and you will never struggle with yield curve movement questions again!This is the third article about this topic. Check the other two:CFA Level 3: Yield Curve Moves, Part 1 – Level and Slope – ShiftsCFA Level 3: Yield Curve Moves, Part 2…
Read this, and you will never struggle with yield curve movement questions again!This is the second article about this topic. Check the other two:CFA Level 3: Yield Curve Moves, Part 1 – Level and Slope – ShiftsCFA Level 3: Yield Curve Moves, Part 3…
Read this, and you will never struggle with yield curve movement questions again!This is the first article about this topic. Check the other two:CFA Level 3: Yield Curve Moves, Part 2 – Shifts Additional Points – Inverted CurveCFA Level 3: Yield Curve Moves, Part…
