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Final Review Topics

Assuming alot of us will take it easy on Friday...what is the focus for Thursday? What topics deserve our final few hours after months of prep?

Review of workbook questions, review CFAI 2008-2007 exam, review GIPS and i'm done.

Tomorrow...it's all about GIPS and a couple of immunization problems.

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Tonight - debating going and playing soccer. Read formulae sheets.

Read notes tomorrow ~ 3 hours. Have my wife quiz me on formulae after that off and on until supper. Then that's it.

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I spent the morning going through my notes, this afternoon watching 4 episodes of Grey's Anatomy and am about to head out for dinner. Tomorrow a last brief read through GIPS and that's it.....my brain needs a rest!

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You're right The Show, should have been more specific

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Doing an hour of corporate governance tonight. Reviewing some notes and formulas from 8-12 tomorrow morning. Then I'm dragging my @ss to the golf course for 9 holes and some relaxitime.

It's a scorcher in Dublin today, 22C and sun, sun, sun!

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JP that is a broad statement, youd have to evaluate the ALM duration exposures...

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overdope Wrote:
-------------------------------------------------------
> bpdulog Wrote:
> --------------------------------------------------
> -----
> > GIPS, IPS, AMC
> >
> > Crazy tax formula:
> >
> > FVIF = (1+r*)^n(1-T*)+T*-(1-B)tcg
>
>
> T* is more complicated!!

T* is easy:

[tcg(1-Pi-Pd-Ptcg)]/(1-Piti-Pdtd-Pcgtcg)

Bottom is r* without r in front.

NO EXCUSES

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i thought that high interest rates are bad for LIABILITIES due to disintermediation and surrender.

but low interest rates are bad for ASSETS due to reinvestment risk / cash flow risk



Edited 1 time(s). Last edit at Thursday, June 2, 2011 at 12:54AM by the show NY.

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Interest rates rising for life insurance company's is not a good thing

lower prepayments are a bad thing for life insurance company's (cash flow risk)

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