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# Recent content by ziminli1228

1. ### Exam Feedback May 2019 Part 2 Exam Feedback

got the email 4;15 EST (submitted June 28 10am EST). Finally certified!!! Good luck and congrats to all. Big thanks to BT.
2. ### Exam Feedback May 2019 Part 2 Exam Feedback

congrats!!! hoping to get mine soooon...
3. ### Exam Feedback May 2019 Part 2 Exam Feedback

submitted 10am EST June 28, so far nothing yet
4. ### Exam Feedback May 2019 Part 2 Exam Feedback

do you mind sharing your time of submission. I'm in US east coast.
5. ### Exam Feedback May 2019 Part 2 Exam Feedback

if following the quantile rather than pass/fail then pass/fail being messed up would become a live case of operational risk case in next year's current issue curriculum
6. ### Exam Feedback May 2019 Part 2 Exam Feedback

quantiles are flipped. Mine pass was 44413 but it should actually be 11142
7. ### Exam Feedback May 2019 Part 2 Exam Feedback

Eu euqities exceeded 18m budget and 16.6 matches the US Var figure

10. ### Exam Feedback May 2019 Part 2 Exam Feedback

I think mine was 4k too. 50*200-60*100=4k
11. ### Exam Feedback May 2019 Part 2 Exam Feedback

yes, it's the size of loss, frequency of loss will use binomial, neg binomial or poisson distriution. op risk i chose legal costs.
12. ### Jorion Chapter 6 Question 10

I was going over the practice questions and got stuck with the equation 6.3/6.4, could you please help me with that? How was LR derived?
13. ### Mod duration formula

In the example of Mapping a two-bond portfolio, the spreadsheet used (1-(1+YTM)^-Maturity)*1/YTM, I might've seen this formula in p1 but cannot remember, is this an alternative of calculating mod duration?
14. ### Term structure theories (Hull Chapter 4)

Can someone help me under stand this solution in a understandable way rather than memorizing it?
15. ### 2 scenarios: futures contract with predetermined price or future spot price

Are you differentiating the underling position by "expressing view"? I am just trying to find another way to help myself understand better. This part has always been hard for me. If seller sells in future at predetermined price, he is betting against price increase which is a short view whereas...