u/Alert_Cost_836

This was my second time taking the exam. The first time, I second guessed myself a lot and changed my answers a tonnn. This time, I went with my gut and after completing all 130 questions initially, I went back through each question and unless I saw indisputable evidence that suggested the answer was something else, I kept it as it was. I had like one margin question. Good bit of option questions. I had to know gnma and how it susceptible to reinvestment risk if I recall. Know CMOs. Bond spread quote ie 101.5-102.75. There was another on an auction rate security and a floating rate note. There was another on a merger and acquisition. Know the time periods for holding complaints, etc. Good luck to anyone taking the test!

u/Alert_Cost_836 — 16 days ago