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标题: Has anyone submitted an error to CFAI? [打印本页]

作者: mamuka12    时间: 2011-7-13 16:36     标题: Has anyone submitted an error to CFAI?

I logged in today and there is a form you can fill out about CFA Exam errors. Has anyone done this? What's the process like?
作者: Swanand    时间: 2011-7-13 16:36

u mean u found errors on the exam?
作者: kickthatcfa    时间: 2011-7-13 16:36

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?
作者: chaojimali    时间: 2011-7-13 16:36

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).
作者: stalkey    时间: 2011-7-13 16:36

I think there was an error too in the L2 exam, how exactly would we go about reporting it though, we won't remember the exact question...
作者: random_walker47    时间: 2011-7-13 16:36

Where was the error? I'll look it up on my copy.
作者: senlinlang    时间: 2011-7-13 16:36

Definitely an error in the swap at the end.
作者: wxs1986    时间: 2011-7-13 16:36

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.
作者: ayodayo    时间: 2011-7-13 16:36

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.
作者: KungFuPanda    时间: 2011-7-13 16:36

I tried all methods to solve it and i couldnt get an answer .. good luck
作者: troymo    时间: 2011-7-13 16:36

Agree on the swaps question....I was pleased when I saw it initially, as I had swaps down...no problem I thought, an easy 3 points in the bag!......
I read and re read, to make sure I thought I understood how they thought I might interpret the question,,calculated,, read it again and could not get a sensible number to match.

To be honest, that is what disappoints me with this process, because in the real world, you would have a responsibility to make sure you understood the data before you processed it, otherwise you would have no basis to believe in your answer.
作者: ppls    时间: 2011-7-13 16:36

ok just to clarify....are u guys saying that the whole set of qns was wrong? or only 1/6?
作者: zephyranalyst    时间: 2011-7-13 16:36

i too thought one of the questions was such that no matter what you did , you could not get answer amongst the 3 choices given.

meshed

its 1/6 i think. the 1st part was easy, the 2nd part may have been wrong as has been discussed above.
作者: defour44    时间: 2011-7-13 16:36

Are you talking about the very last question? There was no error with that one.
作者: MiniMe7    时间: 2011-7-13 16:36

I recall only one question where both rates were given. The initial swap rate as well as the current one and I got an answer that was very close to one of the choices.

4 x 70k = what? I am drawing a blank on my multiplication skills




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