adele
Try to repeat the process. Usually it will indicate that you have already submitted the pro ex.
In case not, maybe there was a connectivity issue and you might need to repeat the process.
Not assuming heteroskedasticity and irrespective of volatility as per BS, this statement will be true (out-of-money call equals the in-the-money put) when the stock price becomes equal to the present value of the strike price.
In other conditions, P and C will vary (as per BS model). In...
Hi Tmangono, welcome
Here is something that might help you
http://www.passingscorefinance.com/LOS/2011-2012/cfa_loschanges1.pdf
http://www.passingscorefinance.com/LOS/2012-2013/cfa_loschanges1.pdf
All the best.
Suggest you all to have a look at this book also. I recently bought this and looks worth reading. Though it is a overview, but a very thorough overview...
One year membership is automatically included in the enrollment fees. After that it becomes a person's choice.
Unfortunately I spent lots of dollars for 3 years not knowing this rule (this was even before I enrolled for the exam). And the GARP people did not bother to send the GARP Risk Review...
So far as I recall, it is NOT obligatory to be a member in order to be able to use the FRM acronyms with your name.
As to the value of membership, I do not see more value than the magazine that they give or the CPE points. The GARP chapters in my country (India) are hardly active (they have not...
Call Bear spread always gives positive cash inflow at the start of the strategy.
Reason: Call bear means buy high K and sell low K - Also for calls the price varies inversely to K => higher K call will be cheaper to the lower K call => call we are buying is cheaper and call we are selling is...
Hend Abuenein
This would be a New! I believe I have not seen pic of any would be mother with the FRM certificate.
Later, you can tell the little one all the benefits of FRM :rolleyes:
Hend Abuenein
This is indeed wonderful news. Wish those 2 months could also have been avoided.
Very happy for you.
Waiting to see your pic on GARP facebook with the Certificate in October :cool:
David Harper, CFA, FRM, CIPM
My thoughts precisely. There would a huge misuse of the term "FRM Holder" - employers are not aware of many intricacies.
This was one of my thoughts when I suggested that GARP should have stricter Ethics control and enforcement. Perhaps they can adopt CFAI as...
This is from the GARP FAQ
If I have passed the FRM Exam Part I and Part II, but have not yet met the work experience requirement or been notified by GARP that my work experience meets the requirements for certification, what can I state on my CV/résumé? You can include the following statement...
Hend Abuenein
So you have not uploaded your CV?
If not - maybe you can consider going ahead and uploading the CV with the relevant experience - leaving out the non-relevant portion.
To be frank, I read the sentence from GARP (that you posted) differently. It seems more of a general statement...
This concept of "FRM Holder" is new - it was not existing early this year while I was waiting to upload my CV. Maybe they started it post the May 2012 exam.
Also this conflicts with the FAQ where they show a diff way of representation
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