Recent content by Navneet02

Yes, am part 2 candidate and cleared part1 in Nov 2015. does reminder status changed for anyone. I remember from few candidates last year who passed the exam and their status changed as enrolment expired a day before the results.

Mine reminder is as you will need to pass FRM PART 2 by Nov 2019. Else I have to enroll as a new candidate

40m was the answer

I have also marked option B with VaR greater than 9m

The exam was tough and tricky. I wonder few of the candidates saying that it was an easy one then either they don’t understand anything or they are simply genius. I am a re-taker with good amount of studies this time and if I have to compare the exam from May this is really a trickier one...

40+ is going to have good chances

Why it can’t be a concentration risk?

Nope that’s what they tricked. PD for second year should be difference from 1st and 2nd. It’s marginal PD

One ES question: needs to be averaged by 9, where Var was equally sliced

O ohh , I got the annswer including discount factor. And it was something .409 like

It was 1.79%

Yes , it was , trick was second year marginal pd

Backtesting Question: I did select the option as a correct model because the critical value was lesser then 2.33.

.6 was the answer it was on allocation strategy and that was difference in weights* Matket Return

It was frown not smile as the question stated big price moves in a merger