Hi David/Nicole,
In the first post, it is mentioned that Global Topic Drill has been updated for Topic 5 as of 09/08/2016. However, I see some questions in there regarding key rates, duration etc. Do these reflect the older P2 syllabus? I just wanted to confirm that while you did mention that...
Hi Nicole,
Would it be possible for you to confirm if you're planning on publishing any updates to the focus review videos? I noticed that they're quite old (2012) so I wanted to confirm before using them for review. I'm not asking for timelines but just want to get a sense of whether I should...
Hi,
Following up on the above. Should this be posted somewhere else? I posted this one month ago but have yet to see a confirmation.
There are a few other errors I noted in some other slides but now I'm unsure which forum is the best place to post.
Thanks.
Hi,
Reading: 45
Page Number: 18
Error: Formula for P [ At < D ]
Shouldn't there be a negative sign in front of the ratio that we're applying the standard normal CDF on?
Hi,
Reading: 44
Page Number: 22 (From the slides in the instructional video; there are no study notes)
Error: -MAX(F-S,0)+MAX(MIN(S-F,V),0)
Should this be the following? -MAX(F-S,0)+MAX(MIN(S,V)-F,0)
The correction is from the reading itself. When I use values of F=5, S=8, V=7 I get a value...
Hi,
Reading: 43 deservigny
Page Number: 8
Line Number: 3
Error: "in Merton N(-DD) = risk-neutral Prob[Insolvency; i.e., Asset expires OTM]."
Should this be "in Merton N(-DD) = actual Prob[Insolvency; i.e., Asset expires OTM]." ?
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