I think the forum has covered nearly 60 questions/topics.. I have made 6 mistakes so far. There are still 30-40 questions lurking in the dark for which either answer is not discussed or the question is yet to be recalled..
Reg the exam:
I didn't feel constrained by time. I had practiced more...
ULp =[ (ULi)^2 + (ULj)^2 + 2×ULi×ULj×Pij]^0.5
Ans. 137.. but there were no option 137?? you will get 72 if u add 96+64 and multiply with 0.45.. that is what i got sadly..
Every futures or option trade has a buyer and a seller. The buyer can hold the contract till expiry or sell it to another buyer or liquidate it before expiry. Each action changes open interest differently. For example, if trader A buys 10 futures contracts from trader B, then open interest is...
I guess volume doesn't get affected. Only the open interest.
@oldfed there were 2 questions on VaR.. 1.6 Mn 95% 1d VaR given.. find 99% 10d VaR.. another question was 99% 120 days..find number of exceptions or sth like that.
Anyone remember the insurance premium prob? Was it 957 ??
GARCH ...
A probability question on model ans. 32.5 I guess.. similarly one on bull mkt normal mkt 15%.. Hedge fund vs. Mutual fund- investment policy disclosure.. longetivity bond - Hedging against annuity risk.. Insurance premium 957 or?? Hyp testing question.. ans. Do not reject Null hyp..
How was part I? I felt it to be neither easy nor tough. But anxious about how the results would be. I was able to answer 50 questions with high confidence within 2 hours. Next 35 with a reasonable amount of confidence...by eliminating one or two choices. Rest 10-15 is just either random or a...
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