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Passed Part-1 in 05/2016 with Q4,Q2,Q2,Q1. They passed me with a Q4 !!

I agree 100% with you. As a result, I did only the quantitative part and passed the exam in May 2016. But not sure if it will work every year with every one.

Don't remember. But a similar question was in BT mock exams. It involved solving 2-variable equation.

I answered 2820 or something like that..

For some reason none of the 4 answers seemed correct for the "gold lease rate" question if anyone remembers.

By non-hedge I meant the simple case "without any hedge".

To summarize 1. For "clean" hedge scenario SIGN determines strength or weakness. + sign (i.e. > 0) means 'strengthening' '-' sign ( < 0 ) means "weakening". 2. For non-hedge scenario the DIRECTION matters.i.e. if B(T) > B(0) means 'strengthening' else "weakening". 3. For un-clean scenario use...