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    First impressions: 2012 FRM Part 1 (L1) reading list

    Hi David, for your practice questions section T1. Stulz Chapter3 & paper. Questions 40.1 how to get the NORMSDIST (-1.65) by not using spreadsheet? we are only allow to use calculator in exam. Is there a formula?
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    FRM 2011 results

    Appreciate advice for non finance background candidate. Is it we need to derive formula from FRM exam and understand it? or we just need to use the formula? Thank you
  3. C

    About Foundations of Risk Management

    Hi David, I found that from the video presentation of Foundations of Risk, the formula is just given like what it is eg: E(C)=V(1+Rf+B)[E(Rm)-Rf]). Does we be asked to derive formula in order to get the above formula? or we just use it to answer question given? As for the calculation part, you...
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