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Hi, I think you can switch off the contact supervisor details, it is not compulsory (but you can submit if you want them to contact your supervisor about your result). I wrote my CV in bullet points however uploading to the platform it looks so weird. Have you submitted whole sentences to...

I passed!!!!!! :) Can't see the scores yet.

Great news Nicole! ;) Thank you

Hi Nicole, My question relates to package content, not the update process: for Part I last year each and every main topic (e.g.Valuation and Risk Models) included "Global Topic Drill" and printable interactive quizzes and also about 5 Mock exam in Part I Overview, I found very useful in the...

Thanks @SSK !

Hi All, Is there any experience about GARP E-books? The only infomation on website is that the files are not printable. Are these files MOBIs or other? Can the files be converted to pdf? Thanks a lot! eszaknyugat

I also passed:) Got 1,1,1,2 Thanks, BT!!!

Many thanks Nicole!

Hi Nicole/David, Few days left until the exam and for T3. Chapter 26. Exotic Options is still missing from the study notes, if I am correct. This chapter moved from Part 2 to Part 1 that's why I do not understand why we cannot access to the 'old' study notes as it does not need to be updated...

Thank you!

Hi David, Nicole, According to GARP announcement few topics were added to P1.T3. If I understand correctly, MBS and exotic options moved from Part2 to Part1. Is it possible to access to these study notes and QAs or are you preparing the new topics for Part1 students? And also what about...

Hi David, Problem 18.16 d) (p.100) Portfolio insurance with 9-month index future. There are 2 aspects I do not understand: 1. Why we use 119,7 M for calculating short position and not the original 360 M value? We hedge the S&P500 with the future contracts. How short put came into the picture...

Ok, sorry. Finally I got the previous forum to this question: https://forum.bionicturtle.com/threads/how-dividends-reduce-stock-price-s-in-black-scholes.4851/

Hi All, 5.4. Practice question: d1 = [LN(50/50) + (4% - 2% + 18%^2/2)*0.5] / [18%*SQRT(0.50)] = 0.1422; d2 = d1 - 18%*SQRT(0.50) = 0.0149 N(d1) = 0.5565 and N(d2) = 0.5060 c = S*exp(-qT)*N(d1) - K*exp(-rT)*N(d2) c = $49.502*0.5565 - $50*exp(-4%*6/12)*0.5060 = $2.753 I calculated this question...

Hi All, 4.2. C. The short selling of securities with full use of proceeds is permitted (the dynamic hedging premise underlying Black-Scholes requires the ability to short sell). In former forum thread David listed as BSM assumption (based on Hull): The short selling of securities with full...