Bootstrapping computing, require, across, should, states

wonderfuldream

Hi all,

The Professor's Note on Page 111 of Schweser Book 5 states that we are responsible for "describing" this methodology (bootstrapping), not for "computing" theoretical spot rates. However I have come across questions in the CFAI text and Q Bank that require you to carry out the bootstrapping calculation.

Can anyone tell me if we should be memorizing the calculation for the exam???