RAW: You do not suffer any penalties on attack rolls made with a shield while you are wielding another weapon. Add your shield’s enhancement bonus to attack and damage rolls made with the shield as if it were a weapon enhancement bonus.
Level 11 Fighter: BAB 11/Str 19/Dex 17 ...TWF/ITWF/WF:Sword/WT:Close(Lv5)Swords(Lv9)/Shield Master
I think I have included all the relevant stuff above. My question is does Shield Master negate the -5 penalty on iterative attacks?
At level 11 my single weapon attack with a:
sword (no enhancements) BAB11+Str4+WF1+WT1= +17
light shield (no enhancements) BAB11+Str4+WT2= +17
FRA(ITWF): +15/+17/+10/+17 <------is this correct according to the rules?