FRM Fun 7.
GARP just released the pass rates for the May 2012 FRM: 47.3% for P1 and 61.1% for P2.
These results are somewhat in line with a recent historical trend in which the pass rate for P1 is below 50% and the pass rate for P2 is above 50%.
Here are the actual pass rates:
P1: 55.20%...
Hi yatish,
Thank you for your interest in bionicturtle.com!
The May & November curriculum are the same therefore there will not be any changes in the videos, study notes, etc. You will utilize the contents already published in the study planner...
Questions:
200.1. When the current price of a non-dividend stock is $30.00, an in-the-money (ITM) European call option with one (1.0) year to expiration and a strike price of $25.00 exhibits an implied volatility of 42.0%, although the historical volatility of the stock is 36.0%. Which is...
Hi,
I heard back and the response was:
"In order for him to be “captured” in the system he has to do it online, there are no exceptions."
I hope that helps!
Thanks,
Suzanne
Hi,
Unfortuantely, I'm not sure there is anything directly that I can comment/respond too. David might have some insight, but it looks like other customers have responded.
Thanks,
Suzanne
FRM Fun 6 (optimal versus effective hedge)
In the FRM, both authors Hull and Geman define the futures basis (b) = S(t) - F(t). In words, the basis is the difference between the spot price and one of the (any of several quotable) futures prices.
Geman further defines basis risk as the...
Hi Jeff,
I'm sorry to hear you did not pass. Although, please don't lose sight of your goals. Next time you sit for the exam, you at the very least know what to expect. If we can be of assistance during your studies, please do not hesitate to ask.
Good luck next time!
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...
Hi agautam1281,
Congratulations on passing! Thank you for your compliments. I would like to recommend that you change your screen name in the forum. See here: http://www.bionicturtle.com/news-and-announcements/we-recommend-you-change-your-screen-name-in-the-forum
Thanks,
Suzanne
Hi Mish,
Yes. The May & November curriculum are the same, therefore you would utilize the contents already published for the November exam. All of the study materials will remain the same. We plan to create additional practice questions as well as mock exams for the November exam.
I hope...
Hi Echoy,
If you plan to take the Part 2 exam in May 2013, you could purchase now. Your access is valid for 365 days from the date of purchase. You will have access to any new contents published prior to your expiration date. If you purchased today, July 6th 2012 you would have access...
Hi Chris,
Thanks for your continued interest in bionicturtle.com!
Congratulations on passing Part 1!
We offer separate products for Part 1 and Part 2 as well as a combined product for Part 1 & Part 2.
You've purchased part 1 recently so will still have access until April 2013.
For...
Hi E,
Thank you for your interest in bionicturtle.com!
In reference to BT materials, if you are looking to purchase our product at the very least I would recommend Tier 2. The difference between Tier 2 and Tier 3 are the learning spreadsheets. If you would want the learning spreadsheets...
Hi Shibhajit,
I would highly recommend the videos by David. We most definitely get positive feedback on those as David reviews every individual AIM.
Do you need the readings? See here: http://www.bionicturtle.com/faqs/category/frm-product#do-i-need-the-handbook-and-readings
You might...
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