P1.T4.Ch6: Vasicek, One Factor Correlation Model (Gaussian Copula) likely questions

[ktrathen]

Hi,

What are likely exam questions to do with P1.T4 chapter 6? I've found the GARP reading quite challenging. I'm not sure how this might be tested on the FRM part 1 exam, since the emphasis in the readings was mathematically deriving the models. I'd be curious for your insights. Are there are any formulae from chapter 6 that you would memorize?

Thank you.

 

[ktrathen]

Do we need to memorize the Vasicek formula to calculated required capital at the 99.9% confidence interval?