bapswarrior

its tricky i agree....no mtterr how many times i read the staging of financing for VC's i cant get the right answer unless by luck!!...

For options, when they ask for "pay-off", dont worry bout the natty formulas....just calculate the total g/L which includes the premium

when u see the word "value", thats when u need to put the numbers in the formulas, with the exception of when its at maturity u dont need to discount anything.

Def remember covered call P/L diagram is like a short put and Protective Put P/L diagram is like a long call

Hedge Funds : 1)Option Fee like 2) Focus on Absolute Returns 3: Underestimates risk and overestimate returns (based on those biases) 4) The emerging market fund falls under Global Macro funds and their shares really cant be short

Commodities:

Just Remember "New Cen tury Probabibly Bankrupt"
my mnemonic for Roll Yield/Convenience Yield: N...egative C..ontango...P..ositive B..ackwardation


+ correlated with inflation and negative correlated with stocks and bonds

ishfaque

I am a charterholder, I would definitely know put call parity. Simple formula, and they asked it on my exams a couple of times. Usually just the plug and chug method. They give you 3 of the inputs, you solve for the remainder type of question.