The exact conversion to make it an annualized IRR is:
(1+IRR)^2-1 in this case it actually gives 6.99% or basically 7%.
I don’t have Excel on my phone but using Google Sheets I get answer that agrees with calculator. Can you...
Can you show screenshot of what exactly you Goal Seek in Excel?
The calculator and IRR in Excel assume periodic CFs with a generic period with length between periods being 1.
All give ~3.44% and * 2 = 6.88%.
It reads a bit vague. Do you have the first draft that got rejected for comparison? I think this actually might get accepted, but if it was on a CV or job interview I would say it’s lacking substance (contains too much filler).
I would specify the firm, your role and department in the actual...
I don’t believe it does. It might if you were a postdoc though. I’d email GARP, but I would be surprised if it counted.
That being said, if you are doing a PhD, I don’t see how much value you will get out of FRM. Maybe best to focus on that and your internships. What do you need FRM...
I never heard of it until now. From my five minutes of research, I do not see much value in it if you are actively pursuing CFA designation. IMC seems to be a very basic certification to get an entry level position.
At a certain point I think certifications have diminishing returns. Experience...
Not sure if I follow, you have a function,
y= f(x) = ln(x/(1-x)), with 0<x<1 and you want to find inverse?
The way I was taught was to replace “y” with “x” and then solve for y. Getting rid of LN will involve taking EXP.
Is this a math, risk or some hybrid class? Can you share the exact definition of showing risk measure is monotone you were provided with? For example, is it a strictly greater than or greater than or equal to is OK? Does the definition state anything about RV being perfectly correlated? Are...