Thank you Sir, you explained the concepts and calculations with great transparency!

Thanks for the video, is there a way to use method 4 when YTM is negative? It gives me error… would appreciate a lot some help

I'm inputting the numbers as you are, however, I'm getting a differetlnt answer. How could this be? I've spent over 3 hours now trying to find out what's wrong with my calculator settings

thank you sir 😇

Great video

Hey there, thanks for this, very helpful Can you make a video on making "convexity" function for bonds, would be highly appreciated..

Can you please tell us how you would use the formula for between coupon periods? For example: for a total period of 5 years, and you're 91 days into the 1st period, what would be the inputs for t and T?

Why did we do away with %? I used decimals for them and got the wrong and, but when I used whole numbers, it is correct.

an imprompto with friends😄

without loan dont need to input the year 5 on calculator?

Exactly what I needed. Thanks!

Very clear video

What a shit video, no graphical proof whatsoever

thank you so much. You're an exceptional teacher.

Thank you!!

Thank you

One of the best! Come back to your videos more than Kaplan.

Very useful video. Thank you.

This is what I am looking for. thank you

You are amazing man, thank you so much

You sir, saved me alot of time.. thank you

Life saver 🙌

Fabian, just stumbled across your videos for my last minutes review for CFA l2 in 2 weeks. Very impressed with how concise you are at explaining the math. Wonder if you have some sample videos on how you explain the concepts qualitatively as well? I'd love to buy your whole prep course for level 3, if I pass this level 2 LOL

so the calculations are not going to come for lvl1?

And here I was thinking CFA is hard lol. Masters blew this stuff out of the water.

I used closed forum formula to calc mac dur but it doesnt give me precise answer what to do it really takes time right for a one mark ?

Fabian = the GOAT.

Amazing

Hi sir FCFE calculated as : PAT + Depn* Debt % - Capex*Debt % (Note that the debt is existing debt not new) Is this technically correct? PS: The above way of calculation is given my textbook. Could you please explain if this correct. Much appreciated thanks

Good job

how do we use the calculator when t/T is not 0?

Sorry I am still wrapping my head around this but all in all this was a fantastic explanation. But do we not discount to PV the value of the swap? (The -$3.53m)

What's AOS mode?

What's AOS mode?

Thanks a lot, Fabian.😀

Thank you so much 😭

You are awesome!

I have a doubt that why we put a minus before PV while calculating TVM. Please answer this.

Bertram Pike

Hi Fabian, why does the ' * Bt-1' remain when you divide through by Bt-1 to express EPS in the form of ROE? I thought it would have gone something like the below. What am I missing? I.e. RI = Et - (r * Bt-1) RI = RI = Et/Bt-1 - (r * Bt-1)/Bt-1 RI = ROE - r

fabian pls make further videos on L3 according to Feb 2025 syllabus. these are very helpful for us.

This is gold, thank you so much! :)

May i know if you have more videos related to FRM

So this true TWR is not affected by whether income is reinvested or harvested?

Great video - very clear. Thank you sir 👍🏽

Hi Sir do you have tutorial if you have unsure answer from the item who can leave it then answer it back if there's enough time thanks

great trick ! i was expecting to store the 2nd layer in 5 and 2 (just my intuition) :)

What if we had First 2 payments with no amortization. The fixed rate would only consider the last two payments for the calculation? Nowadays im used to goal seek in order to get the fixed leg value equal the floating leg in excel. This would help a lot Thanks!!

This is a good video - Thanks for explaining. I noticed this is the kind of question that was in one of the CFA mock exams. However, what I don't get it is why is this different from the curriculum itself; where PV is given and we have to multiply by PV. Also there was no division by the last rate which is what you did here by dividing it by 3.20%. I am just confused which calculation to use when a question like this is given.

Thank you so much!!