Hi David,
The 2008 FRM practice exam, as I understand from it's introduction, is based on a sample of 2006 FRM exam. I have come across many comments from 2007 exam takers that the 2007 exam was a lot different (difficult) than it has been earlier and it was more 'case - like' and practice...
Hi David,
With the current Turmoil happening in the financial risk mgmt world, can we expect few questions on the current happenings around the risk aspects of the recent cases.
Or Do GARP always strict to the AIMs declared by them ?
regards
varadarajan N
Hi David,
In page 61 of the market risk study notes (Hull Chapter 13), the first equation [ln(St / S0) = ...] seems to suggest that the returns themselves are log normally distributed.. am I missing something here?
Further if this is an assumption are we assuming that stock prices will...
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