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David Harper, CFA, FRM, CIPM & vdutta1485, I've sent GARP an email and will follow-up once I have a response. Thanks, Suzanne

Questions: 210.1. The price of a European call, that has a strike price of $10.00 and expires in one year, is exactly $1.00 when the underlying stock price is $9.00 and the risk-less rate is 3.0% with continuous compounding. The stock expects a $2.00 dividend in six months. If a European put...

chris-FFM, Thanks for following up on the outcome. I'm glad to hear that all has been resolved! Thanks, Suzanne

Questions: 209.1. You colleague John proposes the use of a simple historical simulation (HS) approach (i.e., without semi-parametric adjustment) to compute the value-at-risk (VaR) of a portfolio, based on the last 250 trading days. Which of the following, if true, would be most problematic and...

aadityafrm, I still haven't heard from you in reference to your winners selection, I'll go ahead and put you down to accumulate! Thanks, Suzanne

BB_CFA, I still haven't heard from you in reference to your discount selection, I'll go ahead and put you down to accumulate! Thanks, Suzanne

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...

JohnDoe12345, I would say that it depends on what concepts you already understand and how much time you have available to prepare. These two links may be helpful: http://forum.bionicturtle.com/threads/how-much-time-is-required-to-prepare-study-for-the-frm.4980/...

Jsmith887, All of the 2012 learning spreadsheets have samples. Here are a few links (they are all screenshots): http://www.bionicturtle.com/how-to/spreadsheet/2012.t1.a.1.-intro-to-var http://www.bionicturtle.com/how-to/spreadsheet/2012.t1.a.2.-stulzset...

Questions: 209.1. In the capital markets, BBBCorp can borrow at a fixed rate of 5.0% or at a floating rate of LIBOR + 200 basis points. AAACorp, on the other hand, can borrow at a fixed rate of 3.80% or at a floating rate of LIBOR + 150 basis points (all per annum). The bank will charge 20...

After the May FRM Exam results were released, we sent our customers a survey to discover how we might improve. After reviewing the survey feedback in depth, I wanted to provide a follow-up. We considered all of the suggestions and feedback. While we are unable to implement everything, we...

Questions: 208.1. Each of the following is true about value at risk (VaR) mapping EXCEPT which is false? a. VaR mapping is compatible with all three basic approaches (delta-normal, historical simulation, and Monte Carlo simulation) b. VaR mapping is capable of estimating diversified...

skoh, If you are only preparing for the Part 1 exam, than I would recommend that you only look at the Part 1 product. Thanks, Suzanne

chris-FFM, I've sent an email to our contacts at Uppermark to make them aware of the situation. Hopefully you receive your purchased items soon. I hope that helps! Thanks, Suzanne

This has been updated. I also changed the chapter title from Cornett to Saunders: Chapter 14. Thanks, Suzanne

David Harper, CFA, FRM, CIPM: I too think this would be an excellent idea. Currently it can't be auto, but I can certainly issue the discounts manually. I think it's an excellent idea as far as BT products. It would basically be the same process as requesting and granting a discount code...

orang3eph, Thank you. I apologize and am updating the study notes to correct the error and will re-publish. Thanks, Suzanne

Hend Abuenein, Yes, I think the tagging is an excellent feature that we've added to the forum. To tag someone you simply put the @ sign and then their name immediately after. Along with the tagging the member will also receive an alert! Thanks, Suzanne

orang3eph, At this time it appears that you are correct. I do not see any practice question documents for Cornett. David will only write practice questions that he finds beneficial for the customers. It's possible he hasn't had the opportunity to get to these questions or he found that this...

RiskNoob, Thank you for your suggestions and feedback. I will certainly discuss this with David. I think it would be an excellent idea and an option that we can add. I will be sure and respond once I've talked with him. Thanks, Suzanne