- CFA Exams
- Forums
- General Forum
- Topic: Question for those who passed Level 1!
| Author | Topic: Question for those who passed Level 1! |
|---|---|
| julamo @2009-11-15 15:36:25 |
Hi, I am registered for the CFA Level 1 examination in exactly 38 days! I decided to enroll very late for this examination as it was a chance for me (in case of success) to pass the level 2 in June. I have barely started to study, and I am wondering whether I can make it in less than 1 month, which according to what I've read in other threads, sounds a little bit like mission impossible... I have passed the IMC a few months ago, which I know is far away from the CFA, but still some useful basics in most areas covered by level 1. I am also graduate from business school in France, which gives me a good headstart for Economics, Probabilities, Accounting and a few other areas. Here is my question for those of you who have passed the level 1 using analystnotes: there are more than 8000 questions on this website, do-you think that somebody who's done them all and understood the logic behind each answer stands a chance to pass the exam? I won't have time to go through the books and I learn much faster (and with more motivation) going through questions. I would really like some answers and advice from people who actually know the exam, I have very little time left but I don't want to give up... I can't accept guaranteed failure at that point. Thank you for your answers! |
| crackCFAlevel1 @2009-11-21 06:58:56 |
Can somebody help with this question? Q 1) correlation coefficient = 0.75 Asset A S.D. = 0.15, Asset B S.D. = 0.1 Weight of asset A = 25 % and weight of asset B = 75 %. What is portfolio standard deviation? Q 2)correlation coefficient = - 0.75. Remaining data same as above -- crackCFAlevel1 |
| Debra84 @2010-04-03 15:27:53 |
hi! formula for portfolio standard dev => Var = wA^2SDA^2 + w2^BSDB^2 + CorSDASDB so to obtain standard dev, you have to take square root of this. So, in words, the variation of portfolio is squared weight of asset A times squared SD of asset A plus squared weight of asset B times squared SD of asset B plus correlation A,B times SD of asset A times SD of asset B. Hope this helps |
