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Hi David, In the exam, (1) Should I use the linear approximation of computing for forward rates ((R2T2 - R1T1)/(T2-T1)) or the more accurate way of (((1+R2)^T2)/((1+R1)^T1))^(1/(T2-T1)? (2) When computing for the forward exchange rate, should I use continuous compounding (e^(rd-rf)) or...

Hi David, I'm getting confused about the different (or not) definitions of delta among the different readings. In the Greek Letters chapter it says that delta is within 0 - 1 for call options but in the reading on "Putting the VaR to work" delta for call options in the example are way above 1...