Last year I did not do well in the morning section and did not score >70 in any of the section and failed the exam despite doing reasonably okay in the afternoon (>70 in 40% of the section and 5% in <50).
Looking at the 2010 answer sheet, I noted that I had all correct answer for Q5 (Corner portfolio) but my score was still in the 50-70 range. This question was mostly to show calculation and still my score was 50-70 bucket. I am wondering what will it takes to pass the Level 3 so that I do not want to repeat my last year misery.作者: canadiananalyst 时间: 2011-7-11 19:43
Hi bills -- How did you get the 2010 test??作者: justin88 时间: 2011-7-11 19:43
The question I referred is from morning exam, available on CFA website作者: Roflnadal 时间: 2011-7-11 19:43
1. State the formula you are using
2. State what the inputs you are using
3. Show the end result of the calculation
If there is a 8-10 point question, the final answer might be worth 3-4 points, but using the right formula and using the right inputs might be the other 6-7 points. If you get the question right, you get the full marks regardless from my understanding. However, lets say you didn't show any work and you made a typo in your calculator and got the question wrong, you get zero points.
Maybe there was a question you simply didn't show enough work and didn't get the full grades because you made a mistake?作者: infinitybenzo 时间: 2011-7-11 19:43
NPV on 2008 and 2010 - gamblers fallacy tells me that the answer will not be calculated by NPV作者: IAmNeil 时间: 2011-7-11 19:43
thepinkman Wrote:
-------------------------------------------------------
> Does showing calculator inputs count as showing
> your work? For example:
>
> PV= 100
> FV=0
> T= 5
> I = 10%
