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    Interest Rate Swaps (Key Rate Duration)

    Sorry about that Nicole. I started looking around the forum for additional help but was still having trouble finding my answer.
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    Interest Rate Swaps (Key Rate Duration)

    I am trying to understand why KRD levels are most sensitive closer to the maturity of a pay-fixed swap. Let’s say for example, I have a 10-year vanilla pay-fixed swap. The KRD is highest at the 10yr, around 4.54. One side of the transaction is fixed and the swap is essentially a bet on LIBOR...
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    Exam Feedback November 2017 Part 1 Exam Feedback

    I think the reason it was slightly less difficult was because of how impossible the May 2017 exam (see passing rate, lowest in ~10 years). How many do you think we can get wrong in order to pass? David said ~30% at least I think.
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    Exam Feedback November 2017 Part 1 Exam Feedback

    I thought it was very challenging, but easier than the May 2017 exam. I skipped 10-12 in the first 50 questions because they involved more work/thought, however, by the time I was done with the exam, I was unable to spend enough time on those remaining questions so I had to guess :( I also...
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    Backward Induction calculation

    You're the man David! Thank you. (I am assuming its okay if I am off by the fourth decimal point from you?)
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    Backward Induction calculation

    Hi David! I was looking at your video labeled: Hull, Options, Futures & Other Derivatives, Chapter 13: Binomial Trees. Can you help me with your backward induction formulas. For a point of reference, please go to 28:34 of your lecture. I understand all the numbers at the second node, its the...
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    Exam Feedback May 2017 Part 1 Exam Feedback

    Wow, lowest since Nov 2010 :eek:
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    Exam Feedback May 2017 Part 1 Exam Feedback

    I failed... 3-2-3-2... is that a very bad score? Or is it true that if your total adds up to 9 or less, you will most likely pass?
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    Exam Feedback May 2017 Part 1 Exam Feedback

    I thought the exam was very difficult, pretty brutal. Kaplan is extremely easy compared to real exam while GARP is relatively easier. I'd say the exam was on par with BT or even a bit harder. I didn't think they'd expect us to go into such great detail. They definitely found very unique ways to...
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    Binomial tree

    Small correction above @David Harper CFA FRM - should be "$10 + 48.74%" - you have $1. I understand from your two examples how you discount to the present, but there is a slide that you have in your lecture video that I can't get your values when using the method above. If you look at the image...
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    FRM Study group May 2017 - Please all share you whats app number

    Doesn't seem like anyone created a group and its been a month... if Naveen doesn't create one, I don't mind creating one ..
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    FRM Study group May 2017 - Please all share you whats app number

    I assumed Part 1... Naveen can you confirm?
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    DC Study Group FRM Part 1

    If anyone is sitting for the FRM part 1 exam in May that lives in DC, please reply and we can create a study group.
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    FRM Study group May 2017 - Please all share you whats app number

    Please add me: +1-716-949-9053 OMAR FAROOQUI
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    Using CAPM to calculate Expected Return

    Thank you for the adequate response. I think once you tell me how I know that (Rm-Rf) = 6%, I'll be able to figure out this simple problem. We don't know anything about the risk-free rate except that it is an unknown. The only values that are given are the expected returns with their associated...
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    Using CAPM to calculate Expected Return

    I am having trouble understanding Slide 34 in Chapter 13 (Elton). The question is: What is the expected return on an asset with a Beta of 2.0? I understand you use the CAPM formula but I do not understand how you get the answer. 12% = Rf + 1.5(Rm-Rf) - I understand 6% = Rf + .5(Rm-Rf) - I...
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    Course Study Plan Guide

    Hello, I am new to Bionic Turtle. I just signed up for the FRM exam and I plan to purchase a package shortly as I heard this was the best source for FRM preparation. 2 Questions: 1. I have a BS in Finance and an MBA in Finance - but there is still quite a bit (especially on quantitative side)...
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