Search results

Hello, @cbdsmith: P(1) = 3/7 because out of 7 years (periods), he correctly identified 3 of them as "bear years" = negative growth. P(2) = 6/7 because out of 7 years (periods), he correctly identified 6 of them as "bull years" = positive growth Thus, market timing score = 3/7 + 6/7 -1 = 3/7 +...

Hello @Nicole Manley I am sorry to post this question here and not in the forum, but as I told @David Harper CFA FRM CIPM, I cannot comment there due to "insufficient provileges". In any case, for the last question the right answer shown in the forum is b): RN/RW ratio is greater than 1.0...

@Alex_1 I became even more discouraged after I asked GARP about this matter. They replied that questions are based exclusively on the readings, and thus, if it came down to it, one would have to answer the (factually) "wrong" answer that is shown in the readings. If you are not familiar with...

By the way (@Alex_1), I am a Mathematician ;)

I don't think you should worry about it at all. An asymptote is a straight line that a curve approaches but never crosses. An example is f(n)= 1/n. As n becomes very large, this function approaches but never touches "0". Or you may say that it only touches 0 at infinity, but this might be...

1. B 2. A 3. C 4. D 5. B

Hello, Regarding the reading comparing the OTC derivative regulations in the US, EU and Singapore, and as a result of previous and current consulting experience, I have found several factual errors specially (but not exclusively) regarding reporting in the European Union. In what follows I...

Hello, Nipun: I understand your concern and we have all wondered that same thing at times. However, it is impossible por anybody to guess what the passing grade will be, as you can only rely on a hunch of how well you did in the exam. What I mean is that "individual" experience is just as...

Hi robe, From your comment I take that it varies among countries. I live and work in Spain (PwC), and here the FRM is the preferred risk related certificate (by far). In any case, this is the firt time that I hear about the CRM, so I cannot answer the question whether it is a "higher level...

Hello, David: Please excuse me if you have already been pointed at what I mention below and you are in the process of updating the notes. On page 13, the following is said: "In the standardized approach, the capital requirement is the sum of the requirements for: Debt (interest rate risk)...

Understood. Thank you for your quick reply.

Hello David, I do not see this reading in the Study Planner, but both yesterday's and today's daily questions are based on it, so I suppose I am not looking at the right place. Could you please post the link to the notes? Thank you! Regards