Search results

Passed! 21111! Cheers @David Harper CFA FRM for all the help!

If anyone has found this thread and needs more info, the pages in Chapter 13 Asset Management (Chapter 4 P69 Risk Management and Investment Management If you bought the GARP books) Is really helpful

Thanks, wow it's a seriously tough exam. Really feeling the jump from Part I to Part II.

Looking at question 10 for the 2018 sample paper it looks like we are expected to memorise the BI buckets!!! Unbelievable!

I had also noticed that the videos were a little unreliable, but a few refreshes and pressing the play button a few times improved. Only since the start of April though, before that no issues. @Galaxy you can always download the video first which always works.

Just a quick one, feel free to move this if its in the wrong place. Are there practice questions for this chapter? Note from Nicole: I moved this question here to this thread, where we discuss updated materials that are being posted.The original thread referenced the T8 Grinold reading.

I made the mistake of buying the Part I and Part II books last year, is it worth getting updated 2018 Part II books? Or generally will I get away with it?

1,1,1,1 Thanks @David Harper CFA FRM, @Nicole Seaman! Onto Part 2, hopefully easier!

Is there a way you can see your detailed results without the email? I can login to the garp site but the email address is my work address and I'm not in until Friday. I found this list here but would be great to know the breakdown. http://www.garp.org/#!/frm/our-passed-frms/frm1/2017-11-18

I got an email from GARP earlier this week. They stress that you must bring your paper ticket (Printed off after logging into the garp website) and ID. Don't forget!

No problem, the video's are very helpful, thank you! Given you are updating, I also think there is a very minor typo in the equation on log-normal price levels at 23:24. Missing a *T for the mean and vol^2 in variance.

Hey @David Harper CFA FRM I think there is a mistake in the video on black scholes. At 29.07 you list the assumptions, one of which is "No short selling is allowed". I think actually it is the reverse of this, "The short selling of securities with full use of proceeds is permitted", like the...

@David Harper CFA FRM Perfect thanks for this and you're right this is a better place for my question!

This is a very basic question on Quantifying Volatility in VaR models but I just want a definitive answer. Do the non-parametric approaches make any assumptions about the distribution? Ie does it have to be normally distributed returns when using the MDE or Historical approaches?

Not sure if this is the right place but it looks like the learning objectives have updated a lot since you made the video for Chapter 6 Macdonald on Commodity Forwards and Futures, it feels quite out of date when compared to the current learning objectives. I don't think Gemin is part of the...

Hi David, thanks a lot for following up on this so quick! Lucky to have you! I think I was getting tripped up with sign convention, of course both sides end up with negative inflows, they are borrowing!

I think the answer must be No, because I can create a swap that nets, but both parties are worse off. A borrows at Libor - 0.1, lends to B at 3.85 fixed B borrows at 4.2, lends to A at Libor A -- 3.85 --> B L - 0.1 <-- A B --> 4.2...

I'm having some issues on this, I understand from your example that comparative advantage can be when a > b. But can there also be when b > a (where a = difference in fixed rates, b = difference in floating rates) ie can a swap be created that benefits both of the below? Company | Fixed |...

Perfect thanks, I can see that you get the full z table and relevant snippets of tables elsewhere

Hi, this is a pretty old thread but is it possible you can make available on the site somewhere a typical table we will be given? I'm finding these questions very difficult because I don't know what form of each table will be available. My question applies to z values, critical t values...