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Hi, Aleksander, Yes, if prob < 5% --> reject Sorry for delay Best

Hi, Dadalee, Yes, if probab < 5% --> reject Sorry for delay Best

Hm, and this is just the top of the iceberg... There is a lot of similar or worse "stuff". But what is funny, GARP (FRM Program at least) is the only (imho) entity who is trying to follow (mimic ?) each and every aspect of the CFAI policy (with varying degree of success) as close as possible!

http://www.cfapubs.org/doi/pdf/10.2469/ccb.v2010.n2.1 Standards of Practice Handbook, Tenth edition, 2010 "Exhibit 4. Correct and Incorrect Use of the Chartered Financial Analyst and CFA Marks Correct: He is one of two CFA charterholdersin the company. He earned the right to use the...

Hi David, This thread is a brilliant illustration to what I’m trying to deliver to colleagues for many years: 1. Normal distribution: continuous, F(x=a)=0 (necessarily) by definition !!! cdf (x<a), cdf (a<x<b), cdf(x>b) not equal to zero 2. Binomial distribution: discrete, F(x=a)...

If you are not CFA Charterholder/candidate you can do whatever you want. If you are you can not. This is violation of the Standards of Professional Conduct. See CFA Institute site for appr. policy. Best, vt2012, CFA

BTW, CFA is an adjective, not a noun...

Hi David, In your terms equations are: 1. Fx(b)+Fl(a)-L-g=8 -> g=Fx(b)+Fl(a)-L-8 this is g definition 2. Fx(b)-8=0.5(g-0.2) 3. Fl(a)-L-0.2=0.5(g-0.2) Rank of the matrix is 2 Or, substituting g t0 2 and 3 we have 1. Fx(b)-8=Fl(a)-L-0.2 2. Fl(a)-L-0.2=Fx(b)-8 Of course, rank of the...

P.S. Naturally, restriction is sA>0.2, otherwise we'll have losses, not gains

Agree, answer is quite obvious: Company B's borrowing rate (on its own) in fixed-rate markets is 9%. Gain =(9-6)-(L+2-L-1.2)=2.2% shared as 1%(CoA)+1%(CoB)+0.2%(FI). Much more interesting the problem is WITHOUT asumption that CoA's borrowing rate (FL) is L+1.2 Strictly speaking, the problem...

Sokano, troubleshooter, Never say never - I mean there is a lot of charters ahead :-) I'm 58, Ph.D. (Phys, Math, Solid State Physics, Computational Physics), CFA, MBA (Management, Finance), just got FRM P1: 1111 !