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bhar, Thanks. We will certainly update once it's available. Suzanne

ShaktiRathore, Your gift has been sent. Please let me know should you not receive it. Thanks you for the compliments above :-) If/when you win again, should I just automatically send you Amazon? That seems to be the gift method you prefer. If you definitely wouldn't want any of the...

As you know, David writes fresh, original practice questions pretty much every workday. You have the chance each week to participate. All you need to do is earn a participation gold star. At the end of the week, we will randomly select the two winners from the members who earned gold stars. If...

Questions: 204.1. North Dealer, a market maker, has written (sold) a contract of 100 put options when the (percentage) delta of each put is -0.40 and the gamma is 0.090. North Dealer now wants add two positions in order to render the portfolio, including all three positions, both delta and...

paiva85, I haven't heard from you so I'm going to mark you down for accumulation. Thanks, Suzanne

choonho, Your amazon certificate has been sent via email. abchaudh, I've accumulated your winnings. Thanks, Suzanne

Questions: 209.1. Helman Bank made a $200 million loan with a fixed rate of 4.0% per annum payable semiannually. Helman hedges by entering into a total return swap (TRS) under which it will pay the interest on the loan plus the change in marked-to-mark value of the loan; in exchange, Helman...

choonho, I wouldn't necessarily say that it will be soon, but as soon as a set is complete we will publish a pdf. Currently Topic 4 will get a new question every other day (Monday - Thursday) so basically twice a week. There are already (4) general topic questions for Topic 4 (200-203). See...

bhar, In the future, can you please post under the corresponding topic? I'm going to move it out of Today's Quiz. Thanks! Suzanne

FRMStrawberry, You may also find this FAQ helpful: http://www.bionicturtle.com/faqs/category/frm-product#do-i-need-the-handbook-and-readings Thanks, Suzanne

choonho, We will not be writing any AIM for AIM practice questions until next year. The curriculum may or may not change. Right now, David is writing general topic questions in which we call: Currently the focus is Focus Reviews. Thanks, Suzanne

Questions: 203.1. A three-month European call option on the S&P 500 index is purchased at-the-money (ATM) when the index is at 1,400. The volatility of the index is 30.0% per annum and the dividend yield is 2.0% per annum. The risk-free rate is 3.0%. Assume that N(d1) = N(0.0917) = 0.54 and...

Hi Shannon, Unfortunately, we have them set-up according to the parts. In order to download the documents you must have access to that part. Thanks, Suzanne

shanlane, We also have the information on our site for paid members to access: 2012.P1 Study Guide: https://www.bionicturtle.com/how-to/note/2012.p1-study-guide 2012.P2 Study Guide: https://www.bionicturtle.com/how-to/note/2012.p2-study-guide 2012.P1 AIM Statements...

As you know, David writes fresh, original practice questions pretty much every workday. You have the chance each week to participate. All you need to do is earn a participation gold star. At the end of the week, we will randomly select the two winners from the members who earned gold stars. If...

Questions: 208.1. A new 2-year credit default swap (CDS) references a bond with an annual conditional default probability of 10.0%. The estimated recovery rate is 50.0%. The riskfree zero curve is flat, for all maturities, at 4.0% per annum with continuous compounding. Payments are made...

Another wonderful day at bionicturtle.com! We've just assisted (4) more registrants (one was not even one of our customers) whom have been waiting 6-8+ weeks for their work experience to be verified. Those (4) are now able to use the FRM designation. Congratulations to all on having earned (yes...

Questions: 202.1. Analyst Brian employs a recombining binomial tree to estimate the absolute value at risk of an asset ("absolute" signifies potential loss relative to the initial value). The initial value of the asset is $100.00. The horizon is 2.0 years and the tree has 8 steps; each time...

mathless FRM, Thanks. I've accumulated your $15! Thanks, Suzanne

salman Mustafa Baig, Yes, absolutely. I will be publishing the refreshed T3 practice question documents today! Stay tuned :-) Also, David writes fresh practice questions daily (unless stated otherwise). See here: Today's Quiz Thanks, Suzanne