Errata

Revised 25 May 2024

When I discover an error in my Survivor’s Guide to CFA Institute Command Words, in my Level III List of Lists, in my Investment Objectives for Institutional Investors, or in one of my mock exams, (or a candidate discovers one and tells me about it), I’ll post an erratum here and make the correction immediately.  Therefore, if you see an erratum here, the error may not appear in your copy; I may have corrected it before you downloaded your copy.  If your copy has an error listed here, please download a new copy; that error will have been corrected.

To make the corrections easier to spot, I’ve shown the old, incorrect text in blue and the new, correct text in red.

2024 Level II Mock Exam #1 Morning Session

Question 10.4, Questions and Full Guideline Answers: The answer choices for this question have been changed, and the explanation has been expanded.  Download the latest files to see the full changes.

2024 Level II Mock Exam #1 Afternoon Session

2024 Level III Mock Exam #1 Morning Session

Question 7.1, Full Guideline Answers: The allocation of marks should read, in part, “1 mark for the correct option positions (long put, short call, long call)”, instead of, “1 mark for the correct option positions (long put, short put, long call)”.

Question 7.3, Full Guideline Answers: For the alternative answer, I added some more details to the calculation of the exchange rate loss.  Download the latest files to see the full changes.

2024 Level III Mock Exam #1 Afternoon Session

2024 Level III Mock Exam #2 Morning Session

2024 Level III Mock Exam #2 Afternoon Session

2024 Level III Mock Exam #3 Morning Session

2024 Level III Mock Exam #3 Afternoon Session

2024 Level III Mock Exam #4 Morning Session

2024 Level III Mock Exam #4 Afternoon Session

2024 Level III Mock Exam #5 Morning Session

2024 Level III Mock Exam #5 Afternoon Session

Questions: I accidentally uploaded a questions file that was not interactive.  I replaced it with the interactive file.  Download the latest files to see the full changes.