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Recent content by BartW

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    Exam Feedback November 2018 Part 1 Exam Feedback

    Cleared the exam as well. Results, Q1-Q1-Q1-Q2. Very happy with the result and many thanks to BT for the program. Congrats to everyone who passed the exam.
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    Exam Feedback November 2018 Part 1 Exam Feedback

    Is it not the case that you pass the exam with 70% or higher? When the mean is far below 70%, GARP will adjust the threshold.
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    Exam Feedback November 2018 Part 1 Exam Feedback

    This question was particularly about EL and both options were available between the answers, thus based on the 45mio and 55mio calculation. It was a straightforward calculation, EL=EA*PD*LR. I just analyzed this question more from an accounting point of view as an impairment. The loan increases...
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    Exam Feedback November 2018 Part 1 Exam Feedback

    I had the same answer, just because of the fact that the other choices made no sense. The 45% and 105% was not possible imo and I forget the 4th option.
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    Exam Feedback November 2018 Part 1 Exam Feedback

    Does someone knows what the answers are on these two questions? After the exam I was doubting and I was pretty sure during the exam? EL calculation with a given EA and an updated EA amount because increase in value of the loan. 45mln and 55 mln, I took 55 mln in my calculation which I think it...
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    Exam Feedback November 2018 Part 1 Exam Feedback

    True, it was a straightforward calculation but sorry I don’t remember the full question. (1-(1-SMM)^12 was sufficient i.m.o. times the outstanding. Answer was one of the choices.
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    Exam Feedback November 2018 Part 1 Exam Feedback

    I think you mean the question about the penalty factor. I thought it was answer B, the Aikaiki information criterium.
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    Exam Feedback November 2018 Part 1 Exam Feedback

    I choose that answer as well because it couldn't be bootstrapping imo. It was a small sample and there was no historic data which were used again for new data. The other two answer doesn't make sense. But with this answer I am not sure and i couldn't fully remember the question:confused:
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    Exam Feedback November 2018 Part 1 Exam Feedback

    For me it was a normal exam and the difficulty is to compare with the practice exams from GARP. There were more theoretical questions instead of calculation questions which I shouldn’t expect upfront and I didn’t encounter strange questions in the exam, every question was recognizable and could...
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    Delta normal VAR

    Hi David, Thanks, this is the answer to my question. Keep on going with the great work with BT. Kind regards, Bart
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    Delta normal VAR

    Hi Nicole, Thanks for the swift response :) I have read the threads but still couldn't find the answer. We have still a couple of days to go before the exam. Thanks.
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    Delta normal VAR

    Hi David, Nicole, I have question about the delta normal VAR in P1.T4. When I have a yearly expected return [E(r) year - z*(sigma year/ sqrt 250) *$] given in a question how should I translate this for e.g. to a daily expected return. I know it is somewhere in the BT material but I can't find...
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