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There was another one in which a payment was supposed to be received (or made, I forgot) in some currency, and the investor was afraid for appreciation (depreciation) of that currency. So he wanted to take on some strategy in case that would happen, but at the same time be able to profit in case...

I also would like to know about the UL question. Regarding the cost of carry, If I remember correctly there was a question where the forward and the spot price were given, together with the risk-free rate, the dividend and the storage cost. I applied the formula forward = spot * exp(r + u - q...

It could be that you are right, not sure that I remember correctly. I found the questions quite clearly written (and not trying to confuse), but with the time pressure and the nerves it is always possible to read wrong.... @oldfed, I do indeed remember the combined question that Ankitrautela...

The bull market question was one about calculating the probability (bull/bear vs economy state). There was also one about VaR and ES, I chose that VaR(p1 + p2) always greater or equal than the individual VaRs (because of non-subadditive).

Thanks oldfed. I was thinking about this one but I found it too generically formulated (not only about emerging markets) so I chose the other one saying that an investor was more likely to loose everything by investing in sovereign bonds of such a country than on a developed country....

I think I chose open interest 360 and vol 440 or something like this (because it was said that one trader reduced a position). For the probability of bull market I marked 15% but I thought I had done it wrong, was that the right answer? For the GARP violation I chose that what he did wrong is...

I got 8.31 for the warrant, 400 for the bond question given the convexity. For the antithetic I chose however 1-x1 as oldfed. Other questions I remember: - Marked 212.000 for the profit in the options strategy (278000 minus the cost of the option (68000). - Question on YTM (zero-coupon vs...

Other questions I remember: - Calculate prob. of less than 2 exceedances given a certain VaR (binomial). - Calculate prob. of 8 bonds defaulting out of a portfolio with 20 (binomial). - Question on country risk. Someone remembers the answer? - Question on penalty factors (SIC, AIC, etc). I...