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标题: CFA mock PM Q13 [打印本页]

作者: fishmarket    时间: 2011-7-13 15:17     标题: CFA mock PM Q13

Could somebody please explain how we are suppost to know that the mortgage is 4 months old.

Personally I felt this Q is really unfair.

Hope there will not be like this on exam
作者: SpyAli    时间: 2011-7-13 15:17

agree- I messed that one up too.
作者: comp_sci_kid    时间: 2011-7-13 15:17

It is given that the mortgage is 30 yr mortgage. That means 360 payments (30x12). In the second paragraph it says, WAM(weighted average maturity) of 356 which means 4 months old




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