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Page 27:
second bullet point, should read: "The modified duration and convexity of a portfolio are estimated as cash-weighted averages of the modified durations and convexities of the individual assets in the portfolio."
Page 91:
formula on the top of the page is missing brackets, should be:
Page 104:
LOS 9.b change "peak acculturation" to "peak accumulation".
Page 120:
bottom of the page in the last paragraph labeled #2 in the 2nd sentence replace "plan liabilities" with "plan assets".
Page 244:
bottom of the page in the last sentence at the end it should read "....that uses some momentum."
Page 355: add exponent T to the equation. (7/8/26)
Page 129:
Offsetting Transactions and Mark to Market: market to market should read mark to market.