Hi @David Harper CFA FRM
What would be the answer to below question?
1."Which greek has same effect on both put/call" - is this gamma?
2 "Which distribution to choose to capture movements beyond a threshold?"
This kind of ties to another question I raised but I think it will be good to flush out the differences and similarities between these two metrics as I have been searching through the forum and haven't been able to find a thread that discusses this topic.
I did find online a resource...
Would you please explain how your calculation of 2 x 30% x (1-30%)=42% for the question in bold? Specifically why are you multiplying 3% times 2 and no simply 30% times 70%?
You own two bonds. Both bonds have a 30% probability of defaulting. Their default probabilities
With just over 1.5 months from exam day (Part I) where should we stand in terms of our preparation?
For myself I haven't taken a practice exam yet because I don't feel that I got all the material covered enough yet.
I started studying for the exam with Schweser notes (read through all 4...