Actex Study Man. for SOA Examination FM and Cas Examination Fall 2010

In this guide, the traditional interest theory material is covered in Modules 1 - 7 and the financial mathematics material is covered in Modules 8 - 15. Modules 8 - 15 contain lecture notes on the required chapters of the financial mathematics textbook, Derivatives Markets, and solutions to the odd-numbered homework problems in that text. Answers to the even-numbered problems are available in the student solution manual which you can purchase with the text. The Fall 2010 Edition includes the addition of two new practice exams with original questions, for a total of eleven exams. The exams are written in increasing difficulty. The first few exams are easier and should be considered a warm-up. The last few exams are more difficult. By doing all eleven exams, students should be well prepared for their exam. The authors have added additional derivative questions taken directly from SOA released problems. Detailed solutions to these questions are included. The authors have also created more detailed solutions to the sample financial economics questions posted on the SOA website.