http://www.standardandpoors.com/ratings/articles/en/us/?assetID=1245316664774&ffFix=yes
It is typically the case that the sovereign rating is the "Cap" for the corporate bond. If the sovereign defaults, than there is likely to be systemic risk to the corporate, hence the idea of "cap". At...
I passed 1-1-1-2.
David and Suzanne,
I don't know how you do it relative to larger providers - but the time, effort and most importantly the materials you put together are nothing short of top knotch. I guess I can relax for a moment before starting onto Level 2.
DallasFRM
Alexsander - Did you include the time to prepare the pie chart as part of procratination? LOL! Good luck on the exam - your inputs have been a big help to me in prepping for next Saturday.
David,
I commented on the video, but it looks like the formula for Rm is incorrect - as it compares to slide #5 of video T1.3b. - thanks. Your videos rock :)
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