Passed with 223131.
What matters the most is how many exercises you managed to do during your preparation. This is not an exam that evaluates your creativity or your problem solving skills. Just do a lot of exercises, see how to solve them, read the parts of the curriculum that are more...
Hi David. Your explanation makes much sense to me, but I can't ignore Fabozzi taking the standard deviation of log returns of a time series of interest rates here, and calling it volatility. Am I missing something?
Using the same data from Table A.1., if I take the difference of consecutive...
Fearsible. I left the exam room with the feeling that most of the questions were about conceptual aspects of the FRM curriculum rather than hard, lenghty calculations. Compared to the mock exam, I think it was simplier.
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