标题: Bond: Break Even Analysis and Scenario Analysis [打印本页] 作者: cfalevel2011 时间: 2011-7-11 19:56 标题: Bond: Break Even Analysis and Scenario Analysis
Hi,
Two questions...getting a little confused between what Schweser is saying vs CFAI question sets.
Break even analysis - I've seen on Schweser practice exam paper where B/E analysis also includes the advantage in foreign currency discount/premium. But page 154 volume 4 in CFAI book, question 22 totally ignores that. Should I ignore the forward discount/premium for the actual exam?
As for question 17 - I thought scenario analysis is used for multiple small changes in variables OR one big factor change while sensitivity analysis is used for single variables. So according to the answer scenario analysis can be used in evaluating how individual assumptions can affect total return computation...
my question is then what is the difference btn scenario and sensitivity?
Thanks.作者: infinitybenzo 时间: 2011-7-11 19:56
Thanks cp.
First question -> break even SPREAD analysis dont include it, but i guess the practice exam asked for break even analysis
