我說的是Fall Edition.
我已投書兩次,發現這本有一些關鍵性錯誤,
而出版者也證實是錯誤.
因目前仍有疑問的地方,
我想請問大家有沒有發現除了:
http://www.actexmadriver.com/client/client_images/pdfs/ACTEX_FM_Fall07.pdf
以外,還有錯的地方
更新:
Dear Tiffany:
You are correct about the error you reported to us. Thank you very much
for bringing them to our attention.
As a token of our appreciation for your feedback, we are entering your
name in our next drawing for $100 in I.P.A.S.S. points.
Gail Hall
President
ACTEX Publications, Inc.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, October 31, 2007 6:20 AM
To: Gail A. Hall
Subject: Customer Feedback Form
Opinion Form From Website
Course: Actex Study Manual Soa Exam FM
I found this manual: VeryGood
I found the following helpful:
Everything is helpful!
I found the following problems:
The concept on M10-32 and M10-33.
Supplemental Exercises #4
Investstor A buys the index at time 0 and sells a 1025 strike call with
T=.25. Investor B writes a 1025 strike put and "borrows" x. The two
investors have the same payout functions. What is x?
To improve manual:
I think it should be "lends".
Since a zero-coupon bond writer borrows money from a zero-coupon buyer.
And the buyer "lends" money to the bond writter. And as the content of
the text and the manual itself: Covered Call= payoff[index-call with
strike K]=payoff[zero coupon bond for K - put with strike K]=> When we
buy a bond, don't we "lend" the money not "borrow"?
I thought "borrowing money" is "selling a bond."
Maybe I'm confused. Please help!
急需討論Actex FM 2007 FALL Edtion!!!!!
請聯絡我~用我站內的信箱!!!
還有~我目前寫email給Actex:
M11-23#6也有些許讓我覺得奇怪的地方,
明明是paylater strategy,卻沒有使用這個rules而有莫名其妙的解答.
請各位指教!!!
--
我已投書兩次,發現這本有一些關鍵性錯誤,
而出版者也證實是錯誤.
因目前仍有疑問的地方,
我想請問大家有沒有發現除了:
http://www.actexmadriver.com/client/client_images/pdfs/ACTEX_FM_Fall07.pdf
以外,還有錯的地方
更新:
Dear Tiffany:
You are correct about the error you reported to us. Thank you very much
for bringing them to our attention.
As a token of our appreciation for your feedback, we are entering your
name in our next drawing for $100 in I.P.A.S.S. points.
Gail Hall
President
ACTEX Publications, Inc.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, October 31, 2007 6:20 AM
To: Gail A. Hall
Subject: Customer Feedback Form
Opinion Form From Website
Course: Actex Study Manual Soa Exam FM
I found this manual: VeryGood
I found the following helpful:
Everything is helpful!
I found the following problems:
The concept on M10-32 and M10-33.
Supplemental Exercises #4
Investstor A buys the index at time 0 and sells a 1025 strike call with
T=.25. Investor B writes a 1025 strike put and "borrows" x. The two
investors have the same payout functions. What is x?
To improve manual:
I think it should be "lends".
Since a zero-coupon bond writer borrows money from a zero-coupon buyer.
And the buyer "lends" money to the bond writter. And as the content of
the text and the manual itself: Covered Call= payoff[index-call with
strike K]=payoff[zero coupon bond for K - put with strike K]=> When we
buy a bond, don't we "lend" the money not "borrow"?
I thought "borrowing money" is "selling a bond."
Maybe I'm confused. Please help!
急需討論Actex FM 2007 FALL Edtion!!!!!
請聯絡我~用我站內的信箱!!!
還有~我目前寫email給Actex:
M11-23#6也有些許讓我覺得奇怪的地方,
明明是paylater strategy,卻沒有使用這個rules而有莫名其妙的解答.
請各位指教!!!
--
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