Hi David
I have a basic question. How will you decide whether a test is one tailed or two tailed. I shall be thankful to you if you can illustrate with this example.
Further I referred one web site which states In a one-tailed test, the critical region will have just one part . If our...
Dear David
I am unable to download the webinar held on 11th July 09. Please facilitate in downloading the same and do the needful.
With Regards
M.Karthik
Dear David
I have enrolled for the full exam. Please provide with the link line for enrolling into the bionic program. Also please specify the timetable schedule. Please offer some discount as I am a returning candidate.
With Regards
M.Karthik
Hello David
If I take the exam Level 1 in November 09 (assuming that I pass this exam) can I take the Level 2 exam in June 2010. Please reply. Also if I opt for the full scale exam (old syllabus) what will be fee that you will be charging me. Please note that I am your existing member...
Dear Harper
Thanks for your words of comfort. I checked by scores yesterday I got Level 2 in operation Risk, Level 3 in Market Risk and Level 4 in Credit, Investment and Quantitative risk. I was really surprised with Credit risk score as I had prepared and done well on the said topic. I have...
Dear David
Thanks for all your excellent support but inspite of my best effort I could not clear the exam as I could not answer the VaR questions properly. I have not checked my scores as yet.
Nevertheless I want to continue my association with Bionicturtle for the upcoming exam. In case...
Dear Harper
I have a doubt on the folloiwing question
A currency swap has remaining life of 15 months. The swap exchanges 5% on 50 million pound sterlings for interest at 8% on $80 million US dollars once a year. Both interest rate term structures are flat: US dollar at 6% and UK pound...
Dear Harper
What is the likely date by which the formulas will be uploaded. Also please reply for the two questions posted by me yesterday.
With Regards
M.Karthik
Dear Harper
Please help on the following question
An option on a stock has a payoff equal to the square of the positive excess of the stock price over the exercise price at expiration only if the stock exhibits an annual growth rate of 15% or more every year. Given the following...
Dear Harper
Question
Gamma Industries, Inc. issues an inverse floater with a face value of USD 50,000,000 that pays a semi-annual coupon of 11.50% minus LIBOR. Gamma Industries intends to execute an arbitrage strategy and earn a profit by selling the notes, using the proceeds to purchase a...
Dear Harper
I am unable to understand the logic for the following question- source Market Risk question 9
Hull makes the distinction between investment and consumption assets- Answer Difference to the forward price-
Please explain the logic.
With REGARDS
m.kARTHIK
Dear Harper
I am came across course by the name Certified Derivative Specialist being offered by Derivative Financial Analytics Institute, Miami USA. Is it worth doing. I was referred to this course by a colleague of mine in India. Please advice.
I am unable to download the study notes for CREDIT RISK & OPERATIONAL RISK.
In both files I get the error msg. "THERE WAS AN ERROR OPENING THIS DOC. THIS FILE IS DAMAGED AND IT COULD NOT BE REPAIRED".
Kindly help urgently.
I am attaching the screenshot for your ref.
As you had...
Doubt regarding storage cost
I see in certain cases where forward contract involving storage cost is calculated in the following manner.
F=(S+U)ert where U is the storage cost.
While in other cases the forward contract is calculated in the following manner
F=Se(r+u)t.
Please...
Dear Harper
Unable to download the Credit risk material. Please facilitate and do the needful. Also I shall be thankful to you if you can reply for my mail dated 4th July 2008.
With Regards
M.Karthik
Dear Harper
I have completed Market Risk from your study material. Apart from this I have gone through Philipe Jorian 4th edition (except for Bond and Fixed Income Securities) for the Market Risk portion. Because of the time constraint and professional commitment I could not go through the...
Dear Harper
I understood the reply posted by you on 30th June 08. I feel if the given information is converted in the form of a ratio then things can be easily interpreted. (Is my understanding okay?). Please correct me if I am wrong.
Further regarding yesterday's information (covered...
Dear Harper
I have a doubt on the following question (Source FRM Exam 2004). The question is something like this
The two year risk free rate in the United Kingdom and France 8% and 5% per annum continuously compounded respectively. The current French Franc (FF) to the GBP...
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