I left the bayes one to Guess... :)
On the Margin question.. yes it was the gain of 75000 and the trader was short, this was his profit in margin account. he can withdraw it.. Cool.
@ delta123:
The CAD Question: Yes the net exposure was 2.5 or soem thing.. the deal was that He was More short...
HI Ajay, Mani. Yes the result was some 32 %.. Should be true choice.. so we are all on the same page.. : )
Hi Sanjay. Glad to hear about ur exam in Mumbai.
There are no cut offs in FRM.. but u shd pass at least taking a grade 2 in 3 sections..out of 4. Its a mix a match actually.. i knew a...
Another post on the answers to a few questions?
Any body remembers the Probability answers and C- default probability answers?
I guess the default probabbility of C- bond was 17% in frist year, plus the 75% x 17% next year... tatal some 32 %...
Well, guys and gals, here is my experience from Dubai, Middle east..
The Exam site was all good but the supervisors had no clue of the GARP policies and even an exam supervision process sadly.
baring that: The exam looked tough for some people in the room. some left though after 2 hours.. not...
Hi David,
in Question: GARP 2011. P1, e1, 15.. (CTD Bonds delivery question)..
Why do we not make use of the Accrued Interest Concept. !! Why it was given in the question?
technically the AI should be added to the Quoted Bond price. Then new QBP - CF x Settlement .. should give us all...
Dear hend..... U seem to be very details oriented..very particular..... very detailed.... :)
Well, relax and watch some good movies... Now. It done and dusted.. and u will either scream or eat ice cream on JAN 4... :)
I am keen to know ur result btw.... when it comes..
Hi, Just finished the exams today in Dubai. It was reasonably difficult but can be done with some grasp on basic concepts..
let me know how you guys felt about it..
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