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I choose the same answer, interest rates are stochastic not deterministic. (Hull-White, Black-Karasinski, Ho-Lee....)

Are you sure about this? The method to calculate the CVA/DVA from the quoted market CDS spread is the same

The answer its CVA as the question was about the counterparty default risk, not its own default risk. There was other question about payment netting vs closeout netting. And other one on CVA as settlement risk vs pre-settlement risk

And another example when the structure ends:

From Schwesser notes:

No. The real thing is that the equity / overcollateralized account can be structured on many different ways (The structuring agent can make it the way he wants) So the question again is useless in my opinion.

Im not pretty sure but i think only the equity tranche gets full paid when the structure ends (last period). At other period, the cash flows goes first to the OC and then the equity gets the remaining cash. I marked the wrong option and realized when i was getting home.

¿Can someone remember the question about the rogue trading of Societe Generale? And another one asking about situations of a well-conducted stress test.

There is a table in the swechesser where is explained: If volatility raise: Equity increase Senior Debt decrease Subordinated Debt increase / decrease depends on the firm value.

I marked serial correlation, kristoffersen test measures the bunching of exceptions when backtesting. I think the ES answer was tricky.

Some questions -A floating rate note with 4 periods of time, ¿what was the period with highest exposure? -Credit Link Note, Total Return Swap, ¿What is the safest to the protection buyer? -ARAROC and systemic risk -OIS vs LIBOR discounting -CDO for a car bussines -VaR if correlation among...

The answer was exact, 49,500 if im not mistaken. Option b) on my exam

Third Pillar is about market transparency and disclosure, the question was about the third line of defense (Audit) ------------------------------------------------------------------------------------ Can someone help me with this questions? -Threshold 10,000 Minimun transfer amount 2,500 and...