Discuss Exam FM - Fall 2007

[Irish Blues]

As with every other exam, this is being given all around the world - so DO NOT discuss specifics about this exam after you're done. [For reference, see this notice that gets put up for every sitting of Exam P - all of those advisories still apply here.] Please wait until 5:00pm Eastern on November 7 before you start discussing specifics.

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[ml692787]

I felt that there were too many word problems on this exam, the ones that involved numbers weren't difficult, but I definitely got caught up on all of the concept questions.

[kahosit]

I don't think i did that well...
for like 2 of them somehow i got the interest to be 0...
which doesn't make much sense

[jstudent]

I agree. There was not a lot of math on it. I had Form 2. I thought it was a lot harder than the 5 Sample Exams. For the question about Max Loss and Max Gain, was the put long as in a purchased put or long as in a long position in the put.

[kahosit]

oh i had form 3 for the ones where i got 0 for interest...

[EdKJ]

Originally Posted by jstudent

I agree. There was not a lot of math on it. I had Form 2. I thought it was a lot harder than the 5 Sample Exams. For the question about Max Loss and Max Gain, was the put long as in a purchased put or long as in a long position in the put.

A lot of concept questions. The fist 5 or 6 were pretty easy, then I started skipping some to guess and get back to later.

[jstudent]

yeah i think i got the first 8. and then i skipped about 7 to get back to. it was definately not what i expected.

[billvp]

I had form 2 - it was a little different from some of the problems that I'd done before (I used the ASM manual) but I'd be shocked if I didnt pass.

I know I missed one of them (I spent the last 25 minutes messing around with it before realizing as time expired that I was computing present values instead of accumulated like I was supposed to I worked it out correctly of course 2 minutes after I got back in my car), and one of the other ones I wasn't sure about ...

the one which asked about what you should do if you thought the price was going to go up, and there wasn't going to be much volatility in price: should you buy a call, sell a put, or buy the stock?

[Woods]

I had form 1. I thought it was pretty tough - there were (I think) 3 questions I couldn't do, and a couple more that I was unsure about. I found the options stuff not too bad (surprisingly), but some cashflow related questions that were quite tough.

Also, time was tight on the exam - I remember having tons more time left over on exam P. I guess that's not too surprising since it's a 2.5 not 3 hour exam, but not every question required calculations.

[SAYZ]

first 8 and last 6 were so very much easy..
I am confirm on 21... guessed on 8 or 9
But it was over all a difficult paper... wasnt it?

How much you guys got right?