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Came back to Unexpected Loss question at the end. PD variance wasn't given, but assume should have been inferred from bernoulli variance of p(1-p). Thought of this walking down the street after the exam and could've kicked myself for overlooking a concept I've looked at and reviewed so many...

I wanted to pass along some advice to fellow test takers related to the BA II Plus which probably extends to other calculators as well. If you're planning on replacing batteries (I bought some new CR2032s for my calculators just to be safe), replace them prior to the exam. While not overly...

Jocelyn, the practice exams published by GARP are only 25 questions each unfortunately.

Ok, thank you for the suggestion Praveen. I do feel comfortable with the BA II Plus route, just wanted to make sure I had a grasp on the actual formula. Thanks Shakti, I see my error now. Good day to you both.

Hi All, I am reviewing the formulas within the reading for mortgage fixed payment and I am unable to match the calculation amounts. Hopefully someone can clarify they are getting the same result. I see two items that are giving me pause. The second graphic below (bottom of page 6 in the...

The PV would be the cash price. However, I believe I've misstated the FV input as $104 and not $100. David's example video on the subject of YTM calculation with BA II Plus considers FV as $100 and it wouldn't make sense to have the additional $4 included in the future value as we consider 6...

@ckat, I'm not as familiar with HP 12C, but if convention is similar I can walk you through based on inputs in BA II Plus. PV=-104 FV=104 N=6 (6 is used because this is the # of periods, ex. 3 years compounded semi-annually) PMT=4 (coupon is half for same reason, coupon per 6 months) compute...