I think the answer was both deltas will decrease... the call option will be move from ITM to ATM/OTM and the delta will move to zero.. so decrease. the put option will be more in the money and the delta will decrease (more negative)...
I don't agree with J0_...the exam was not that easy... it was very difficult. Most of the questions were qualitative. The exam was NOT diversified. Many topics were not tested such as Tuchman (interest rate theories), Correlation Modeling, Merton Models...and many.
In some cases, we got 3...
I have used Schweser for Part I and I agree that it did not prepared me to well, but I have used Schweser in CFA and finished it 7 years ago. Remember that, GARP are comparing students against each other and you don't need full mark to pass. when all of us use the same curriculum, we will have...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.