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Importance of examples in cfai textbook?

I took a quick look at volume 1 study session 2, reading #5 “the tvm” and got a little uneasy.
Is it just me or are some of the harder examples (like ex. 21 on pg 287) seemingly impossible to solve in the 1.5 minutes we’ll have to solve on the exam?
Granted I haven’t seen any mock exam questions or anything, but they can’t be as hard as that example right? Or am I just really underestimating this test.
thoughts?

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