I do not understand the questions
Hi all,
I am having some trouble with the questions, whether it be in the EOC questions or in the CFA mocks, especially regarding:
1. When you have to do arbitrage, sometimes it is assumed that you already have the required $ amount to do the arbitrage and sometimes the amswers assume that you have to borrow to get the initial investment amount. Which is which? Given that the questions are not really clear about that…
2. In some item-sets, we are presented with figures, followed by comments. My first intuition would be that the comments are relative to the presented figures. However, some answers do not take the quantitative data into consideration. Again, sometimes it does not seem very clear when we should disregard the quantitative data or not. |