David Harper CFA FRM

I am doing a thesis on Merton Distance to default (DD) Model for predicting bank's distance to default. In merton DD model we need values of six variables out of which 3 are known.
Could you please guide me how to calculate 1-Market Value of assets 2-Volatility of assets and 3-Expected return on Assets in case of banks, because without these values d1 and d2 can’t be calculated.

Deepa & I are working on new version of the Miller (Statistics) Notes, excited to improve its usability http://trtl.bz/2v6gFKU

I'm back from a super-enjoyable weekend in Temecula CA (wine country!). Catching up in the forum this morning!

I am not working this weekend (visiting a new baby in the family!) so I won't be on the forum 8/19 and 8/20, FYI. Back next week, thanks!

Excited to post some XLS updates soon: MCS and inverse transform http://trtl.bz/2ffuQ99 & http://trtl.bz/2u8Uu26

We've published a fully revised Jorion Part 2 Study Note (Portfolio VaR, SaR) w/ newly illustrated calcs http://trtl.bz/new-jorion-Ch7-Ch17

hello! I'm back from vacay (Japan), writing today's daily PQ and catching up on forum

updating portfolio VaR XLS with dynamic lablels (Jorion Ch 7) http://trtl.bz/2szFAn7

recording new Diebold time series videos, among the more difficult FRM P1 topics

revising the Jorion XLSs to ready for updated notes (VaR mapping, backtest, portfolio VaR and SaR). Major updates, can't wait to share

Hi David,

I intend to take FRM part I this November. My need is just an Invoice for Advanced package as my employer need it to settle payments

Please advise with urgency to catch up for early registration

Regards,
Karamael

Nicole got a reply from John Hull (impressive!) but he doesn't have a list of new PQs in Hull's 10th Edition. I'm not sure it's worth the $

writing new Hull questions (resume next week), I love the fundamentals ... but 10th edition is not much changed

resuming daily PQ next week (writing questions), prepping PPT for video

Ivan added status to the sidebar, thank you Ivan, you are the best!

We are supporting all day in the forum. Good luck tomorrow!

We are supporting the forum all day again. Don't stress, you don't need to know everything :)

We're supporting all day (Nicole & me), forum is busy. If you reach out in private msg/LinkedIn, apologies but I won't have bandwidth for PM

I will be on forum support today (Saturday) and tomorrow, if i can help with last minute doubts. Good luck!

Excited to publish (today!) the new, long (180+ pp) P1.T3. Hull Study note, with new visuals; e.g., http://trtl.bz/2p2id0k