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  1. M

    2016: Part 2 New and Updated Published Materials

    Hi David/Nicole, In the first post, it is mentioned that Global Topic Drill has been updated for Topic 5 as of 09/08/2016. However, I see some questions in there regarding key rates, duration etc. Do these reflect the older P2 syllabus? I just wanted to confirm that while you did mention that...
  2. M

    2016: Part 2 New and Updated Published Materials

    Hi Nicole, Would it be possible for you to confirm if you're planning on publishing any updates to the focus review videos? I noticed that they're quite old (2012) so I wanted to confirm before using them for review. I'm not asking for timelines but just want to get a sense of whether I should...
  3. M

    Errors Found in Study Materials P2.T6. Credit Risk (OLD thread)

    Hi, Following up on the above. Should this be posted somewhere else? I posted this one month ago but have yet to see a confirmation. There are a few other errors I noted in some other slides but now I'm unsure which forum is the best place to post. Thanks.
  4. M

    Errors Found in Study Materials P2.T6. Credit Risk (OLD thread)

    Hi, Reading: 45 Page Number: 18 Error: Formula for P [ At < D ] Shouldn't there be a negative sign in front of the ratio that we're applying the standard normal CDF on?
  5. M

    Errors Found in Study Materials P2.T6. Credit Risk (OLD thread)

    Hi, Reading: 44 Page Number: 22 (From the slides in the instructional video; there are no study notes) Error: -MAX(F-S,0)+MAX(MIN(S-F,V),0) Should this be the following? -MAX(F-S,0)+MAX(MIN(S,V)-F,0) The correction is from the reading itself. When I use values of F=5, S=8, V=7 I get a value...
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    Errors Found in Study Materials P2.T6. Credit Risk (OLD thread)

    Hi, Reading: 43 deservigny Page Number: 8 Line Number: 3 Error: "in Merton N(-DD) = risk-neutral Prob[Insolvency; i.e., Asset expires OTM]." Should this be "in Merton N(-DD) = actual Prob[Insolvency; i.e., Asset expires OTM]." ?
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