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    Exam Feedback November 2020 Part 2 Exam Feedback

    Will someone be able to share the GARP practice exams for 2020? I am not able to find them on GARP's site, thanks.
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    P2.T5. Jorion - VAR mapping - currency futures - Practice question number 19 on page 57

    Thanks David. Have the materials been updated/changed recently? It's because I don't see the PDF having 57th page, there are in total only 49 pages now. I don't even see that question now.
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    P2.T5. Jorion - VAR mapping - currency futures - Practice question number 19 on page 57

    Hi, I didn't understand the calculation of total proceeds. Question: A U. S. exporter anticipates receiving 1 million British pounds in 3 months. This is hedged with a short position in BP futures expiring in 6 months. The initial spot and futures prices are $1.5000 and $1.4703. At the time...
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