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    Exam Feedback November 2019 Part 1 Exam Feedback

    I can see a pass with 1 1 1 1 when I log in and go to "my programs" , but didnt get an email yet, can that status still change?
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    Adjusted Sport Price, another way to identify the CTD bond?

    Hi David, Why would that be wrong? Minimizing CF×Settlement-quoted price should be equivalent to maximizing quote price divided by CF right? (As settlement price is like a constant and we divide the whole equation by cf...
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    Exam Feedback November 2019 Part 1 Exam Feedback

    You have to maximize Settlement×CF - quote price which is äquivalent to minimizing quote price divided by CF
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    Exam Feedback November 2019 Part 1 Exam Feedback

    One other question which really bugs me about Information Criteria. One option was BIC is asymptotically efficient and one answer options was MSE is biased if i remember correct. I put MSE is biased, because from what i know BIC is asymptotically consistent, not efficient..thats also what i...
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Regarding 5, i think i didnt have that answer option ( more steps lead to convergence). I think i chose an answer saying the volatility in the binomial is constant in each time step..anyone remember? (Blue Book)
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Oh it was a future? I remeber it being a Stock underlying (blue book)
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    Exam Feedback November 2019 Part 1 Exam Feedback

    P_up=e(r* Delta t)-d /(u-d)
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Why should a future Index have a risk neutral prob of one ? The risk neutral Probability is a change in the Probability measure such that you can discount the expected option value with the risk free rate and is derived from the up and down factor..
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Exactly the same. Only strangle was volatility long...
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Yes, i remeber excluding choice b
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Think that was bayes.. P(Bond C and CC | default occurs)...i remember getting 40%.
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    Exam Feedback November 2019 Part 1 Exam Feedback

    You either subtract the PV of the dividends from the Stock or you calculate the corresponding dividend yield q and discount the Stock with that before multiplying with N(d1)
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Yes, as strangle was the only vol-long strategy ...given the scenarios, nothing else made any sense, especially not the spreads
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    Exam Feedback November 2019 Part 1 Exam Feedback

    I Think it was buying tue put and Stock, selling the call and borrowing to finance the putchase at the Risk free rate as s+p < c + PV(K)
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    Exam Feedback November 2019 Part 1 Exam Feedback

    A blue one:) and the market order was cancelled automatically for sure, so maybe it what because my one was blue
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Thats also what i marked, allocate Budget to business lines based on their risk..
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    Exam Feedback November 2019 Part 1 Exam Feedback

    The Order was cancelled right after it didnt get through, so it is not a limit order right? Thats why i put fill or kill
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    Exam Feedback November 2019 Part 1 Exam Feedback

    Pretty sure it was a short call , can anyone remember?
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