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  1. P

    P1.T1. ch4 Dollar value of the payment vs default payment

    what is the difference between Dollar value of the payment & default payment ? Dollar value of the payment can be: par - recovery rate default payment can be: par price + recovery factor what is the difference?
  2. P

    strike price vs delivery price

    what is the difference between strike price and delivery price? Why do they sometimes all use "K" as a representation?
  3. P

    FRM Level 1 - Nov. 2022 - Toronto / Greater Toronto Area Group - Canada

    Hi I am from Hong Kong also studying FRM level 1 for Aug 2022 exam, but I am coming to Canada after Aug, hopefully I can study level 2 in Canada.
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