Hi David,
What is the difference between Potential Future Exposure (PFE) and VAR? Is this part of the FRM material?
Greatly appreciate your guidance on this one.
Alex
Hello All,
Having prepared for the exam months ahead, I was really surprised by the long questions and unnecessary information given. I’ve taken Level I Exam in New York City and here is “My 2cents”:
Issues:
- Time was a major constraint on first half of the exam
- Lots of...
Hey David,
Looks like the have an extra parenthesis in answer sheet and threw me off.
Thanks,
Alex
V(t) = {Iambda ( (V[ t-1]^2) +(1-lambda)*(current return^2)}^0.5
Hi David, i am having problem with the attached problem on the 2009 practice question.
It is probably some silly mistake on my side, but wanted to catch it is too late.
Your help and guidance will be greatly appreciated.
Thanks,
Alex
2. An investment bank uses the Exponentially Weighted...
This is the response from GARP for those interested:
Dear FRM Candidates,
We are working on the problem to fix the practice exam. Currently, the system is asking you for USD $100.00 and your credit information. We are aware of the problem and will try to fix it as soon as possible. As...
Has anybody been able to download “2009 FRM Practice Exams”? I have registered for the exam and am trying to download from the https://www.garpdigitallibrary.org/shop/promocart.asp but it won’t work.
Thanks,
Alex
Hi David, Can you show me how to get to 5.34% on this question?
Thanks,
Alex
16. Jeff is an arbitrage trader, and he wants to calculate the implied dividend yield on a stock while looking at
the over-the-counter price of a 5-year put and call (both European-style) on that same stock. He has...
Hi David,
I actually enrolled (Paid) in the Full program. I have now decided to take FRM L1 and then L2.
How would that work affect my membership?
Thanks and regards,
Alex
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