Archive for August, 2014

More video solutions, update #6

August 28th, 2014

More video solutions have been added for the SOA interest theory sample questions (section A.8). Specifically, video solutions for problems 53-73* are now available.

*Problem 58 was removed by the SOA, so there is no video for that one.


Forward rates language update

August 8th, 2014

The SOA has clarified that when forward rates appear on the exam it will be with the following language:

Forward rate: An m-year spot rate that comes into effect t years in the future will be referred to as the “m-year forward rate, deferred t years” or as the “m-year forward rate, starting in t years”.

This appears in the notation and terminology note for the FM exam, which can currently be found at the following URL:…ation-term.pdf

We have updated our practice problems and sample exam problems to reflect this language. You may want to refresh your pdf file collection for the seminar at this time. If you find any problems that look like they don’t use this language, please let us know.


SOA Sample Problems updated

August 4th, 2014

The SOA has released more Interest Theory and Derivatives sample problems. The updated files are available here in lessons A.8 and B.7, respectively.