I am curious if anyone knows if chapter 11 in the Derivatives Market book is really tested in exam MFE. As I go through the syllabus, I don't see any mention of using true probabilities to construct a binomial tree or find the expected rate of return. Besides the cox ross rubentsein and log binomial trees, do I need to concentrate on the the other material in the chapter? Just curious as I struggle to add these crazy formulas into my brain.
Thanks.