FRM Part 2 May 2012

[Hend Abuenein]

It's because he was a thelepatic genius. You did not see he was in fact mentally controlling his pencil to write a perfect score while day dreaming about the theory of black holes.

You're just too funny ))))))

 

[Hend Abuenein]

T

Have to agree, for anyone who prepared well, this exam should have been a cakewalk. I personally, didn't see any 'alien' questions. Nevertheless, I still did screw
up a few Quant questions. Did anybody feel like for a couple of questions, the answers didn't match? One question was on default intensity and the other on TRS cashflow.

Thank you so much I didn't want to be the first to make that claim, but yes I agree with you.

 

[Hend Abuenein]

And Lanky is right. But still I agree that there were a few questions I couldn't match answers to.

 

[Hend Abuenein]

It's been always the case that May exam is easier than November one... not fair!

Too bad you had to defer Imad, you could've done well on 6 hours a week only.

 

[ibrahim-1987]

Thank god, I think I did great exam, but there is q makes pull my hair,
Good luck to every one

 

[Hend Abuenein]

Thank god, I think I did great exam, but there is q makes pull my hair,
Good luck to every one

Two, not one But then I guessed and moved on.

 

[ibrahim-1987]

Another is I think part2 is easier than part 1, always
In term of topics & exam

 

[ibrahim-1987]

Q 53 Yield on zero risky bond is 7.5%
implied pd 16%
what is the implied 1 year pd??

I bet that this q was wrong!

 

[Hend Abuenein]

I don't remember really

Actually, I don't want to strain my mind remembering anything right now.

It's time to chill... King Louie style

I'm tired of monkin around

 

[Hend Abuenein]

I was actually having fun watching that, and thought I'd share the fun...sorry if irrelevant

 

[ibrahim-1987]

Frankly I sat for 30 mints in the car after the exam, closing my eyes, trying get my focus again!!!!
I hope my efforts will bring me " FRM " designation,

I will write 3 Qs to David, excluding the one I wrote above, which again I Im sure it is wrong, the answers are totally different

 

[LankyLint]

Q 53 Yield on zero risky bond is 7.5%
implied pd 16%
what is the implied 1 year pd??

I bet that this q was wrong!

I didn't think that any question was wrong as such. About 53, I think you must have read it wrong?

 

[ibrahim-1987]

Then, can y plz solve it for me?

 

[LankyLint]

I would have used the formula (1 + rfr) = (1 - PD) * (1 + yield)

Let us wait for everyone's exam to get over.

 

[sl]

Q 53 Yield on zero risky bond is 7.5%
implied pd 16%
what is the implied 1 year pd??

I bet that this q was wrong!

I think they asked for the implied risk-free rate.

 

[ibrahim-1987]

I would have used the formula (1 + rfr) = (1 - PD) * (1 + yield)

Let us wait for everyone's exam to

 

[Leli]

Hi all !

Back from part II, with a biiiiig headache Room was overheated
It didn't seem hard but i'm sure now that a made some (stupid) mistakes ...
the problem is that it was easy for everyone, it willl be harder to pass :'( :'( :'(
Whatever, we'll see later for results. great if I pass, no problem if i fail, then I will use all David’s new stuff for November Exam !!!

I've prepared a little feeddback with few questions i remember on textfile as it's still a little fresh . I'll post it later ;o) And indeed laxmsum, there was a question where risk free rate was asked

Leli

 

[LankyLint]

Is the exam over everywhere by now?

 

[crablegs]

Oh well.... I guess it shows that for those who did prep properly, the tree does bear the fruit.... I did not prep nearly as much as I should have and let me tell you I frankly found it brutal. I can honnestly say I counted on one hand the number of questions I was very confident answering properly. The rest, was mostly about eliminating one of the answers and then guessing between the remainding 2 or 3. And finished a good 10 secs before they called the time up.

Lucky you guys there is me to bring the curve down.... this sucks, I hate those tests....

 

[Hend Abuenein]

I'm sorry to hear this Crablegs.
Maybe we'll both sit again in November.
Finishing early does not mean getting the right answers.

Good luck anyway...you never know