An interest rate swaption is an option on an underlying interest rate swap and it can be used to remove an embedded call option on a bond or to create one synthetically.
Tips, tricks, and wisdom for how to make the last week of CFA studying effective.
Identifying factors affecting a foundation or endowments willingness or ability to take risk is a key skill for the CFA Level 3 exam.
Time management is the achilles heel of many a CFA Level 3 Candidate. Here's how to tactically nail this part of the exam prep.
Most of the CFA curriculum assumes that markets are efficient. In this post we break down the signs of an efficient market as well as some of the challenges to this theory. This post is geared for L1 but can serve as a useful refresher for L3 as well.