By Matthew J. Hassett, Michael I. Ratliff, Toni Coombs Garcia, Amy C. Steeby
This handbook is entire and written in an easy-to-understand kind. in lots of instances, it is going past an summary and carefully explains the tougher issues. recommendations are brought in a transparent manner in order that scholars can speedy comprehend new themes. one of the gains of this guide are distinctive overview examples and routines embedded into the textual content, extra perform difficulties on the finish of every unit, a key formulation precis, mid-term tests on the finish of significant themes and calculator suggestions. The guide concludes with 11 pattern perform tests. The authors have additionally created extra distinct strategies to the pattern monetary economics questions published at the SOA website.
In this consultant, the conventional curiosity idea fabric is roofed in Modules 1 - 7 and the monetary arithmetic fabric is roofed in Modules eight - 15. Modules eight - 15 comprise lecture notes at the required chapters of the monetary arithmetic syllabus textbook, Derivatives Markets, and options to the odd-numbered homework difficulties in that textual content. solutions to the even-numbered difficulties come in the scholar resolution guide you could buy with the text.
The February 2013 variation has been up-to-date so as to add connection with the third variation of spinoff Markets, that is indexed for the February 2013 examination.
The ultimate tests are written in expanding trouble. the 1st few tests are more straightforward and will be thought of a warm-up. the previous few checks are more challenging. through doing all 11 checks, scholars might be ready for his or her examination. specific recommendations to those assessments are incorporated.
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Extra info for ACTEX Study Manual SOA Exam FM, CAS Exam 2, 2009 Edition
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ACTEX Study Manual SOA Exam FM, CAS Exam 2, 2009 Edition by Matthew J. Hassett, Michael I. Ratliff, Toni Coombs Garcia, Amy C. Steeby