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    Book 4 Chapter 11: Page 7 Spreads tuckman example

    Hi need help verifying these numbers as i was unable to replicate by myself: What i did was for PV of CF in time period 0.5: PV(no spread) = 0.3750 / (1+0.1492) = 0.3263 PV(w spread) = 0.3750 / (1+0.1932) = 0.314 Please assist! Thanks :) For example: Spread (Tuckman) The price of 1.5 year...
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    Chapter 19: Interest rate futures page 14

    wrt example Hull 6.6 Investment size is 10M, each contract delivers 100k, so # contracts bought should be 100? If so then the denominator of the solution should be 9306.25 and not 93062.5 as stated in the provided solution?
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    Chapter 5 MPT/CAPM Spreadsheet

    Under the MPYT/CAPM notes, there are several illustrated examples. Is there a workbook resource that is available for me to see how these tables are actually generated. Im having trouble figuring out how to generate the eqtn for covariance(port, market)
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    Course Study Plan Guide

    On a related note about study pace (on FRM Part 1), I am currently finishing my first read through GARP textbooks book 3 and onto book 4. With 2 months left to the first exam, how would you advise myself to structure my study @David Harper CFA FRM ? My current plan is to finish my first read...
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    Chaptre 2: Breakeven premium pricing

    with reference to to page 19 " The breakeven premium is calculated by equating the pres-ent value of expected premiums with the present value of the expected payout": 2.850327X = 0.009681 How is the present value of the expected payout calculated to be 0.009681? "
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    10.7 Sample Autocorrelation

    T is the sample size (answering my own question in case any one else is wondering)
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    10.7 Sample Autocorrelation

    This might seem like a silly question, but id like to make no assumptions. What is T here?
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    Problems in GARP's 2020 FRM material

    Hi @David Harper, Would appreciate if you could check if the table 10.3 'Default Premium' is correctly printed in your opinion? The explanations make references to an AR(3) even though there isnt a \gamma_3 parameter on that table. The only \gamma_3 parameter i see is on the next table 'Real...
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