[MattCPA18]

Can anyone tell me the importance of knowing the different hedge funds? I have been told by numerous people that B6 isn’t a strong emphasis on the exam but Im just wondering how much time I should put into it

[Anonymous]

Bumping this. I too am curious.

[Java230]

I think it's really important based on my test experience. What helped me is something I taught myself, when you ‘call up' somebody you think interest rates will rise so you have to buy call. When are you ‘put down', you are worried about declining rates so you buy a put.

Licensed WA CPA 2/2015
Government Auditor Since 2007

[Anonymous]

[Anonymous]

If I put the thing there, you will buy it

Im going to Call and you have to deliver

[Anonymous]

For anyone that's taken FAR, the financial management portion of B6 is pretty much a repeat. I would understand the basics but as they said in FAR, this is an extremely complex topic that a lot of professionals don't even understand well. The test is only going to cover the very basics.

[stoleway]

If you PUT it out there, you're selling (sell HIGH when the market is LOW)- put option

If you CALL, you're buying (buy LOW when the market is HIGH)- call option

REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!

Mass-CPA

[Author]

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