Do we need to memorize Black Scholes Model and use components like N(d1) and N(d2) to calculate or is it similar to CFA where you have to know the underlying assumptions?
Some questions in Schweser are throwing me off by having me memorize it.
You definitely need to remember the forumla for D1 & D2. Although I along with most others was surprised they asked no questions on it this November.
Do you mean you don’t need to memorise it for CFA 2?
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.