I was 99% sure that there was an error in a swap question towards the end of the 2009 L2 exam. I even found some random Asian guys and we all @#$%& about it together. Does anyone else remember this? Or were random Asian guys and I mistaken?
I know I saw an error on one question. Divulging it here might cross the CFA guidelines. I think I can safely say the answers were inverse of what they should have been. (X, Y, and Z, instead of 1/X, 1/Y, and 1/Z). I'll submit the form. Anyone else find that problem? (I can't remember if it was AM or PM, but it was 50 series test).
Definately. I did all sorts of crazy calculations that I knew were wrong and the closest I got was like 7 grand off. Really got me pi$$ed because I locked swaps down in reviewing.
i was 100% ready to nail that type of question but it was just unintelligible to me. i had done literally 50+ different versions of that problem and practiced it the day before about 5x. and i just could not understand how the hell they were wording the language and how the stupid instrument was structured. it was so poorly worded, as if it to try to be confusing but making no sense whatsoever.