How did everyone find this? I think i got about 50 marks so will have to wait and see. And did anyone actually manage to answer Q6???? What was all that about http://www.actuaries.org.uk/__data/assets/pdf_file/0016/160333/FandI_ST5__200909_Exam_FINAL.pdf
it's definitely harder than last time. and it had the option pricing question which was not tested in the previous exams (so far i've seen).
Q6 I too found Question 6, most difficult. In the last part, I could guess something. Perhaps, it will be like fundamental share analysis. First model the price of property, with suitable model, then compared the estimates with actual to know over-priced or under-priced. accordingly, buy or sell it. Option price was also difficult. It is difficult to cross 50 marks with it. May be pass mark will be set around 45.
Well I finally passed! Think I was helped by the option pricing question. Still no clue about Q6, guess will have to wait for the report now.