Demystifying Forward Rate Agreements (Calculations for CFA® and FRM® Exams)
A forward rate agreement (FRA) is a cash-settled over-the-counter (OTC) contract between two counterparties, where the buyer is borrowing (and the seller is lending) a notional sum at a fixed interest rate (the FRA rate) and for a specified period starting at…
Necessary Skills Needed to Pass the CFA® Exams
In this article, we are assuming that you are already enrolled in the CFA® Program, and if not, you are an aspiring CFA Program candidate. Most, if not all, CFA Program candidates wish to pass their CFA exams on their…
CFA® Exam Grading
The long wait for the release of CFA® exam scores by CFA Institute can be a period filled with a lot of uncertainty. Did you pass the exams? Did you not? Should you be saving up for the next level…
