Featured Links
TYPE
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Borrowing foreign currency [practice, products] 12 Mar 2010
29. One of the traders whose risk you monitor put on a carry trade where he borrows in yen and invests in some emerging market … read more
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Econometric model [quantitative] 12 Mar 2010
AIM: Describe the process of specifying, interpreting, and validity testing an econometric model. Specification of Econometric Model First, we specify a mathematical model (the two-variable or … read more
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Empirical analysis [quantitative] 12 Mar 2010
AIM: Distinguish between the different types of data used for empirical analysis. Three types of data for empirical analysis: Time series - returns over time for … read more
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OpRisk VaR L1 [practice, valuation] 11 Mar 2010
29. Your supervisor is an expert in market and credit risk. He recruits you to manage the operational risk department. He would like to use … read more
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Methodology of econometrics [quantitative] 11 Mar 2010
AIM: Describe the methodology of econometrics. Create a statement of theory or hypothesis Collect data: time-series, cross-sectional, or pooled (combination of time-series and cross-sectional) Specify the … read more
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Potential consequences of violating the GARP Code of Conduct [foundation] 11 Mar 2010
AIM: Describe the potential consequences of violating the GARP Code of Conduct. Violation(s) of this Code by may result in, among other things, the temporary suspension … read more
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PD implied yield [practice, credit] 10 Mar 2010
Please note the source referenced in the sample exam is incorrect so this may not really apply to L1 FRM but rather L2 FRM - David … read more
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Banker’s Trust [foundation] 10 Mar 2010
AIM: Describe the key factors that led to and the lessons learned from Banker’s Trust About To reducing their funding expenses, Proctor & Gamble (P&G) and … read more
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Responsibility of each GARP member [foundation] 10 Mar 2010
AIM: Describe the responsibility of each GARP member with respect to professional integrity, ethical conduct, conflicts of interest, confidentiality of information and adherence to generally accepted … read more
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Convexity L1 [practice, products] 09 Mar 2010
26. Bonds issued by the XYZ Corp. are currently callable at par value and trade close to par. The bonds mature in 8 years and … read more
The BT FRM Exam Prep Program is the most effective (and by far the most affordable) way to increase your odds for exam success. A total exam assistant with multiple modes of rich media learning.
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- It is useful to try everything in practice anyway and I like that here it's always possible to find something new. :) 10 Mar 2010
- David , great stuff , thanks for helping me pass FRM Full exam Nov 2009 , your website is so compelling that even now I keenly … 08 Mar 2010
- You are a recent graduate working with a large financial consulting firm as part of their graduate program. You have spent the previous couple of weeks … 07 Mar 2010
- Hi, I got about 25 pdf files from GARP website for Part 2. Most of the readings are too long and appear to have an overlap …12 Mar 2010
- Hi David, For question 58 as attached , there is no sample size n provided, i.e. we can’t see the degree of freedom provided. In that …11 Mar 2010
- I will be taking the FRM exam for Nov 2010 part 1. I purchased the FRM Handbook (Jorion) and started reading the first chapter on Quantitative …11 Mar 2010