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  1. Shazam023

    Stress Testing Principles... Exam Relevance High/Low?

    Are they important w.r.t exam questions. coz there are around 21 principles and i still have much more to do with Book 4. so just want to confirm about the exam relevance of this topic, is it high or low?? Thankx in advance
  2. Shazam023

    HOW TO SOLVE e^2R= 0.90506?

    'm doing Swaps valuation and discounting coupon pmts. with spot rates. so there's an example in Hull which asks for final pmt's spot rate. so m not able to solve this e^2R=0.90506 for R... can someone help? R shud be 4.99% and is there any other way to calculate R other thn e^x. earlier i...
  3. Shazam023

    isn't this an error?

    John C. Hull Chapter 5 (Determination of Forward and Futures Prices) Example No. 5.1 Consider a 4-month forward contract to buy a zero-coupon bond that will mature 1 year from today. (This means that the bond will have 8 months to go when the forward contract matures.) The current price of the...
  4. Shazam023

    When CH (clearinghouse) member fails to meet its financial obligation.. doubt

    okay so what i have been reading here that when a Ch member fails to meet its financial obligations his fully margined positions are transferred and under-margined positions are liquidated. i'm confused about who is Ch member here and whose customer a/c is this?? if a customer fails to meet its...
  5. Shazam023

    Coefficient of Correlation in Multiple Regression Analysis?

    @David Harper CFA FRM CIPM In one of your videos about Multiple Regression Analysis, u said that likewise in Univariate Reg. analysis (rho)= √R^2, it is not possible in multiple regression analysis. Can u explain/ give reasoning for this??
  6. Shazam023

    Explanation of Vasicek Model??

    i just gone through Vasicek model for "Worst Case Default Rate" and the formula says:- in most of the cases X= 99.1% and N= 1 year. the issue is i'm not able to get the of N^-1 ?? how to solve this?? Ques: Suppose that a bank has a total of $100 million of retail exposures of varying sizes...
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