Book 1

Page 185:

For Module Quiz 14.2, Question 2, the long-run mean-reverting level should be 13.2% (not 14.2%). (3/2/2026)

Page 221:

For Module Quiz 17.1, Question 2, the last sentence in the answer explanation should read: "The pricing indication is that out-of-the-money calls and in-the-money puts would be expensive." (3/23/2026)

Book 2

Book 2, Page 97: For LO 17.e, the 2nd paragraph under “The p-Value” should say 5% significance level rather than 95%. (6/5/2026)

Book 3 (No Updates)

No content updates at this time.

Book 4 (No Updates)

No content updates at this time.