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Valuation is a heavier topic 30% weightage . It depends on the raw score . Not just the quartile . Cause one can be anywhere in the quartile

Passes Part 1 with 1211 !!!!!!!! yay BT . Thanks David and Suzzanne for letting me bug you guys with questions. You simply rock.

regarding their website being down they posted " we are working to repair this issue with the GARP website and very much appreciate your patience. We are working to release the November 2012 Exam results by end of business day NY time on Weds. Jan 2nd."

We anticipate sending out the November 2012 exam results via email by the end of the business day New York time (EST). We appreciate your patience until then. Happy New Year to all of our FRM candidates and Certified FRMs. This is posted on GARP's facebook page

Nabil I guess convexity was negative 5 and a couple of digits thereafter. I remember solving this question It was a part of the 2 part question. Cant remember the exact digits as it nearly a week past the exam. but do remember I got an exact answer to both parts. Well regarding the difficulty...

I suggest you write to GARP , I did and hopefully their mgmt looks into it

I did write to GARP and they forwarded my complaint to higher management they said. Well ill pronounced English was there , but in India the native language is Hindi. I do understand hindi but not so well as I lived many years abroad. The CFA proctors from my area last time were British Council...

Well I too found the proctors inefficient. One they did not check my calculator. another thing they did not read out the exam instructions completely third whatever they read out was in the Native regional language and not in English. last I had to fill my name on my sactron after the 4 hours...

I too got many D's in the latter half and very few As What do you suppose the cut off score will be . My guess it cannot be 70%. its got to be lower. Keeping my fingers and toes crossed as I had t guess in a few places

hey Risk noob I thought the T test is 2 sided and I agree with delta on 10 to 15 years.

Hey Alex Thanks for tips 4 and 5 , if not for them I would not have completed the exam

at LEO 4 MPS minimum passing score. Some questions I remember , Exposure to FX , Qualitative questions - Duties of Trustees, LIBOR, Basel stress testing - guess it was something about fostering debate about prior assumptions , read it in the working paper. also there was some stuff on sovreign...

Hi They seemed to like no short selling restriction and binomial trees alot. Any guesses what the MPS might be

Whats the difference between probability of default and marginal probability of default. Was trying the below 45. A portfolio consists of 17 uncorrelated bonds, each rated B. The 1-year marginal default probability of each bond is 5.93%. Assuming an even spread of default probability over the...

Hi David It seems kind of scary, from GAARP practice exams at the way some questions are framed , eg in 2012 practice , I am left guessing if the investor has taken a long or short position as nothing is mentioned I assumed long . I hope I dont see the same stuff on 17th Nov , considering I...

So what was you method of studying to passing part 1

So David should I stick to the solution in the thread and not go with GARP on this one

HI David I was a little confused and after reading thr was another thread , I was wondering if this is another Garp error From the handbook FRM exam 2003 question 5 Given the following 30 ordered percentage returns of an asset, calculate the VAR and expected shortfall at a 90% confidence...

For Shakti long call P/O= max(S-X,0) short call P/O= premium-max(S-X,0) Payoffs do not include premiums. Only maximum gains and losses I guess it would be better to say that long call P/O= max(S-X,0) short call P/O= -max(S-X,0) hence short call P/O=- long call P/O

I got this question Suppose stock xyz is trading at $50 and there is a call option that trades on XYZ with an exercise price of $45 which expires in 3 months . The risk fee rate is 5% and SD of returns is 12% annualised. Determine value of the call options gamma. Assume d1 is 1.99 and N( d1) is...