https://forum.bionicturtle.com/threads/whatsapp-frm-part-2-november-2016-group.9864/
a whats app group is already available, so I deleted my group and joined there. Follow the link above.
Hi @Nicole Seaman is there a link/button that downloads all the study materials at once ? This feature would make us download/save and print materials quickly. Thanks.
Did anyone else feel that the first 20 and the last 20 problems were a lot easier than the middle sections ? In retrospect I wish I had read the entire paper before starting the exam :(
Also, given more attention to hedging with options and less time to Fixed Income ..
Hi,
Glad to hear that some people found it easy. Personally I found the test to be very lengthy ( my lack of practicing could be a reason) .. though I spoke with 4-5 people after the test and they all seemed to agree with me. I found the GARP and BT practice tests to be most helpful.
One...
Hi @David Harper CFA FRM ,
PV = FV / (1+r/m)^m.n ---> isnt this the formula to use for monthly compounding with m=12, n=0.25 ?
This gives me a different PV Value :/
@David Harper CFA FRM
In this case -
Calculate 3 month fwd price for a bushel of soybean if current spot is $3/bushel, the effective monthly int rate =1% and the monthly storage costs are $0.04/bushel ?
Ans = forward price = $3.2121
how would I solve this ? Thanks in advance :)
Hi,
Trying to understand how to value swap using FRA. In the notes we first calculate continuous fwd rate using the hull equation then convert to semi-annual fwd rate (continuous to discrete formula). Why do we do this?
Also, if anyone can explain to me in clear and simple words the different...
How about value a dollar role topic , modelling pre-payments and monte carlo sim for this topic? Are these concepts testable ? @David Harper CFA FRM @desh
Hi David,
Can you please explain how do we calculate forward price with storage costs when given as $ values and as % ? Between the two books I am really confused..perhaps extend this with other Cost of carry factors.
Thanks in advance..
Hi,
What type of questions in FRM test can we expect on this topic. This is such a vast area that memorizing everything is not possible. Any help will be much appreciated..Thanks !
Hi David,
I am trying to relate the 2 concepts here and getting a little confused -
So-Fo = Basis where;
So<Fo = Weak Basis, Contango and model is Cash and Carry
at time = 0 if So<Fo ex. 4 and 4.2 i.e basis = -0.2 weak basis here
at time = t if St<Ft ex. 4.2 and 4.3 then basis = -0.1 weak...
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