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I looked up the historical passing rates for CFA Level 1 and found something interesting...

Since 2003, there are 2 pass rates for each year i.e. they started offerring the exam twice a year.

If you look at the pass rates they are almost the same for both exams in each year. For example in 2008, the pass rates were both 35%.

Here's the good news...the pass rate was 46% in June 2010. Therefore, I think there may be a high probability that the pass rate will be around this number for the december exam.

So all of us that think we may be in the 70-80% range of correct answers should pass!

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