apologizes first if this has been answered or it sounds stupid. Just wanted to cover all possible angles and put my mind at ease :)
wanted to know small details such as:
1) will writing pads be provided for workings or you have to write on the question paper itself?
2) i have...
i was looking at the editgrid for this example, i still don't quite understand why do you use the 6 mth LIBOR of 5.5% where you used (0.5*5.5*notional+notional) instead of the 3 month LIBOR of 5.0% in calculating the FV of the floater?
1) i was just wondering if anyone has tried the schweser FRM practice exams and found them any useful?
i'm thinking practice makes perfect...all that reading and viewing screencast without practice to re-enforce is not...