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I took the L1 in new york city. the javits center is huge densed. three big halls with section from A-Z, about over 10K candidates.

The morining section is harder than the afternoon. In both section I finished 50 mintues ahead. I did wrongly in the aduit committee questions, ridiculously, the same question asked twice in the morining section, so i get both wrong. GIPS is relative easy.

Overall, the true exam is not harder than our mock exam and sample exam as schweser, but it concentreate on more concept and terminology.  Must I get over 70% in ethics to be passed?

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感觉基本没有很偏的题目,Ethics那部分没把握,其他部分难度不高,但读题要仔细。

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同意楼上的

另外,谁还记得有一道题是问American Call(?) Option的到期前价值至少不低于其present value or its price的?这道题选什么来着的?

还有一道real estate的income approach 和comparable approach的相同之处的?

谁还记得啊?

[em05]

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A foreign currency is at a forward discout if the forward rate expressed in domestic currency units is less than the spot rate.Forward currency units will be cheaper in the future.

注意,是units 而不是currency 贬,所以,那倒题应该选C。选premium的是犯了想当然的错误。unerstand??

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应该是strong and FWD Premium

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上午感觉不难,下午人都晕晕忽忽的,题也难了点

,,

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最后一道ethics题,是选那个mosaic没有违反nonpublic information 的那个吧?

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应该是strong and FWD Premium

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因為相對於歐元,遠期可換的數量減少。

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法兰克福有700多人吧,坐在我旁边的是一个德累斯顿银行的女职员,很有气质,所以也使我在整个考试过程中保持高度兴奋的状态,哈哈。题目比notes上的要灵活一些,更注重分析的内容。一月20日左右可以查吧

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