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Volatility of asset returns constant & known
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When you remember this on the test because of
three finance professors on flying motorcycles,
you'll thank me. :-)
CFA
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[] karshokr Level 3 Candidate 6 points 1 month ago
Days Until CFA Exam
Heads-up to Level 2 Candidates: you do NOT need to
know the actual formula and they won't ask you to Changes to curriculum 2017
manipulate the equation or calculate anything to do with
Level 1
the BSM, just assumptions as you mentioned.
Level 2
I only found this out weeks before the L2 exam and wow Level 3
what a relief.
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[] SnazzleSauce Level 3 Candidate 2 points 1 month ago
Also that d(1) is delta iirc. And they ask about the Please follow these rules while using this
subreddit.
Greeks.
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[] ju2tin Level 2 Candidate [S] 3 points 1 month ago
Avoid the use of anxious tones in posts
Right, of course you have to know the Greeks related to testing
and how they affect BSM inputs; that's its own
Changes to curriculum 2017
Read the Reddiquettes
LOS.
He's just saying you're not responsible for MODERATORS message the moderators
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How to remember the Black-Scholes-Merton assumptions : CFA 6/21/17, 00:17
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