Can see result now without any trick. Passed 1322. Seems that's final. Thanks to this forum for providing support in last 40 days. Result is as expected and mentioned here by me after exam.
Are we getting emails also today?
It appears convincing with these facts. But not true to spirit of protective put which is to protect from loss. Also in bull spread, you actually write an out of money call - to subsidize call you have bought. What if I write a call with strike of 55. Then bull spread seems convincing....
Furthermore:
1st question was simple mean reversal value of b. b>1 must be right choice.
2. Country risk - right answer must be countries which have more social security schemes have more chances of default.
3. Property and casualty insurance company's risk mitigation - I choose wrong option...
This is quite fruitful discussion. I paid extra attention on GARP mock in last three days. Noted the LOs covered there and quite a lot questions were on same line. I solved 74 questions overall and 38 of these are sure shot right. For remaining 36, assuming WC scenario of 60% right....Around 22...
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