31 July 2020 12:39
Interest Rate Risk - Products
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Written by an exam qualified senior associate at PwC who obtained 75% on their first attempt. This has been used by many fellow colleagues. I have focused on FM hedging (question 3 of the FM exam). I personally found this is the hardest so this is a 'one stop' for question 3. It includes the advantages and disadvantages (which is frequently examined), when to use each hedging method and the technique/method to using them all. There are also numerous other topics which are frequently examined (WACC, dividend policy etc) and I have summarised these (using previous QB answers and the kaplan/ICAEW workbooks)which should be learned and written out in an exam.
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