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Hi all, I am new to this site.

I am taking level 1 in June.

are you allowed to use a financial calculator on the exam

Depends on your personality:
- TI is for engineer-types who rule the quant-side
- HP is for investment banker-types who eat Corporate Finance for breakfast

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You guys are playing up this Schweser thing way too much!

While it says TI BA instructions, it doesn't take a rocket scientist to realize that N, I, PV, FV, and PMT etc. buttons do the same thing on both calculators!

RPN is way better for complex problems...i've used RPN, the HP12C and Platinum for Levels 1 and 2 and would have a very hard time recommending the TI without RPN to any CFA canidate. Not because it is a bad tool, just that RPN is that much more efficient!

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gunger Wrote:
-------------------------------------------------------
> One thing to note: if you are going to use
> Schweser, most of the step by step instructions
> are for the TI.



Therefore I use Stalla - there are calculations for both: TI and HP ;-)


best regards,
Marcin

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I'm an HP fan. RPN is a much better way to go when you have nested calculations (and there are plenty). You never have to use parenthesis as you do with a TI.

It's a thinking person's calculator -- sort of like being a CFA charterholder.

- Robert

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One thing to note: if you are going to use Schweser, most of the step by step instructions are for the TI.

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A had a problem with the internet connection - please delete it.



Edited 2 time(s). Last edit at Wednesday, January 20, 2010 at 04:02AM by marcpro2.

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A had a problem with the internet connection - please delete it.



Edited 1 time(s). Last edit at Wednesday, January 20, 2010 at 04:02AM by marcpro2.

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I prefer the HP myself, I've used the TI extensively however, reverse polish notation (HP) is by far more efficient in calculations than standard algebraic(TI).

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True CFA holders do the calculation in their mind with no scratch paper

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