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Recent content by evelyn.peng

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    GARP's 2017 FRM Information Session + QA

    Thank you so much Nicole. Out of all the sources, BT have consistently been the only provider that responds to customer questions in a timely and thoughtful manner. Can't express how much I appreciate this. Evelyn
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    GARP's 2017 FRM Information Session + QA

    Hi Nicole, Now that GARP has overhauled Part II in 2020, I cannot locate the study material for "Current Issues in Financial Market" again. I tried the link you had above but it takes me to GARP's landing page instead. I've purchased the books but that topic is missing again. Would you be able...
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    Credit Risk - Choudhry and Crouhy Study Notes

    Thanks David. Really appreciate all the content you create. The video does a great job of explaining the material. Evelyn
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    Credit Risk - Choudhry and Crouhy Study Notes

    Hi, Just wondering if there has been a set of study notes published for Choudhry since May 2016 or is it still outstanding? If there's no timeline it's okay...just wondering if there have ever been a copy that's being updated or if none ever existed. Thanks in advance, Evelyn
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    Errors Found in Study Materials P2.T5. Market Risk

    Hi, I tried to search the forum to see if this was previously discussed but couldn't find anything specific. Apologies if this is already discussed. The learning spreadsheet for Dowd Ch3 and Ch4 does not seem to contain any of the examples used in the Study Notes/Learning Video. For instance...
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    Callable bonds on discount and premium

    Hi, I can take a guess to help you with this question: Callable bonds would be traded at a discount compared to a plain vanilla bond because the embedded call option gives the bond issuer the option of calling the bond back at a fixed strike price. Callable bonds would theoretically have...
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    Win prizes for forum participation!!

    Thank you Nicole. This is a pleasant surprise. I appreciate all the work that goes into maintaining the forums and answering all our questions. It'd be lovely to get the $15 Amazon gift card. Cheers, Evelyn
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    WCS worst case scenario

    Indeed. Thank you David. If you code it, it would be interesting to see a snippet of the result.
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    WCS worst case scenario

    Thanks David. This helps me IRL as this question was posed to me by a superior. i.e., can you look into reporting the "worst case scenario" instead of VaR based risk metric. I am very relieved that you confirmed my (rudimentary) understanding of this concept!
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    WCS worst case scenario

    Thanks Nicole for directing me to this post. The spreadsheet contained in this thread is very helpful.
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    WCS worst case scenario

    Hi David, I'm having concrete grasp of the WCS concept. I find your learning spreadsheet to be always helpful to get in depth understanding. I tried to look for how WCS is generated online but unfortunately have not had any luck. If you have done a WCS spreadsheet example before, I would really...
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    Website Trouble

    Yes I have the same experience. Same question as to ETA for restore. Thanks, Evelyn
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    Errors Found in Study Materials P1.T4. Valuation & Risk Models

    Hi, I found some youtube videos on ULCi and spreadsheet on 2 asset ULC calculation. So please ignore the latter part of my comment. Thanks, Evelyn
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    Errors Found in Study Materials P1.T4. Valuation & Risk Models

    Hi David, On page 9 of the Study Notes for P1.T4 Schroeck's Chapter 14 on Capital Structure in Banks, under section "Describe how economic capital is derived", "Step 3. Estimation of Unexpected Loss Contribution (ULC) to the lending portfolio as a function of expected loss, weight of the loan...
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    Valuation & Risk Models / Hull, Chapters 13, 15 & 19 / Instructional Video: Hull, Chapters 13, 15 &

    Hi Nicole, In the video for Chapter 15; the spreadsheets discussed in slides 23 and 38 are not found in the learning spreadsheet for Chapter 13, 15 and 19. Is there anyway they can be posted? Many thanks, Evelyn
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