Could you please help me to understand how did you extract the spot rates in the exemple of
the Summarize how to map a fixed income portfolio into positions of standard instruments.
Instructional Video: Jorion, Chapter 11: VaR Mapping
I would like to thank you for this platform:) I am 19 years old, and in my 2nd year in college. I took financial accounting and corporate finance, and am a math major (I have done calc 3). Is it common for students like me to take the FRM? Cause I love this stuff (I spend upwards of 8 hours daily working through the material) but I'm so, so overwhelmed.... I plan to take the Oct/Nov exams. Any advice?
Consider a ten-year mortgage loan secured by residential real estate, with an EAD of Euro 250,000 and an estimated LGD of 10 %. Supposing the customer’s PD is 2%, compute the capital requirement under the Basel II IRB approach, the standardized approach of Basel II, and under Basel I? Please explain step by step
Hello David, i'm a new member and have a couple of Q's as i find the website is pretty scrambled and the experience was below my expectation for the money paid.
1. The chapters' study notes are repeated under different authors (for ex. in Quant. we have chapter 4,5,6 under miller and watson and Diebold) which one in this case we should study from? also for their respective question set.
Hi David, i found my name on admission ticket are all lower while the name on the passport is capitalised. i am wondering whether it matters. and my garp id is 662460. i am looking forward to get response. thanks in advance.
Hi David, I am a big admirer of BT and the research that you do in finance. I was calculating YTM using XIRR in excel for amortizing bonds and the XIRR somehow results in a YTM > coupon although the bond is purchased at par. Should YTM calculations consider acc. int. as part of the initial purchase?