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how much detail is required in learning options and swaps. This is really taking alot of my time and I'm think about just leaving it to the end.

I think that's what most people do and then get most of the section wrong. Yes it's only a few questions but you should know the basics.....there really arent that many pages to get through anyway but try to get it done

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if it is killing you, i would say you can even get by and not even read it
they dont have that much weights on the exam, if you masters other stuff you will be okay and simply guess on those topics...

BUT, there are some easy points you can get even with a basic understanding of derivatives, you will be surprised how many questions are pure fact and not so much calculation and understading...

not so much fact to where they ask you, what year did forwards first start to trade...
but more like, which is more liquid, futures, forwards, or your momas house

if you have time master them, you will suffer in LII

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gulfcfa Wrote:
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> not so much fact to where they ask you, what year
> did forwards first start to trade...
> but more like, which is more liquid, futures,
> forwards, or your momas house
>



The correct answer to this question is C, your Momma's House. Especially if she bought the house in 2007 and lives in Phoenix or Detroit.



Edited 1 time(s). Last edit at Monday, March 14, 2011 at 04:56PM by thisisbrianly.

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