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    Exam Feedback FRM Part 1 (May 2014) Exam Feedback

    800. That's tough one as time has to be minimum and takes minimum number of scenarios.. I too I was confused. :(
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    Exam Feedback FRM Part 1 (May 2014) Exam Feedback

    Carry market .. Var is not sub-additive.
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    Exam Feedback FRM Part 1 (May 2014) Exam Feedback

    I dint go by that .. I chose tht it needs to be paid on 12th... In arbitrage pricing .. You have to balance the pay offs and solve ... But I usually go by options e.g. Rs. X difference in price for RS, y difference in offered price. And assume linear.. If options are not close this works .. I...
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    Exam Feedback FRM Part 1 (May 2014) Exam Feedback

    1. Got -1.. Just you had to calculate average of all the numbers in table and subtract. 2. Create new rank list.. Take 5th last. 2 standard deviation was tricky too. I think none of the options were correct. As average of none of the options were coming out to be the mean. So it was possible to...
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    Exam Feedback FRM Part 1 (May 2014) Exam Feedback

    Well.. Similar observations .. Qualitative questions were so confusing that I went back to instruction booklet to check if multiple answers are correct. Overall .. I think I could not have prepared better .. Still I guess , I didn't do well and don't expect to clear it. Committed several...
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