What's new

Search results

1. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

Have anyone received the email? I have not.
2. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

Passed 2,1,1,1 OMG so happy to see this after this long day
3. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

I was choosing between A (asymptotic normality) and D(BLUE) and ruled out BLUE to go for A. I don't remember this answer. So if “Whether the errors are homoskedastic or heteroskedastic, the OLS estimator is unbiased, consistent, and asymptotically normal.”, then which is the correct one...
4. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

There was a linear regression question that provided a scattered plot with heteroskedasticity. I ruled out 2 answer choices and was left with BLUE and asymptotic normality. Because of the heteroskedasticity I ruled out BLUE as well, but I don't remember seeing this concept of asymptotic...
5. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

OMG I never thought of that. Working out the correlation instead of trying to guess the negative correlation... I chose A anyway. 1.10% if I'm not wrong. hope this is your choice as well
6. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

I also had no idea for this question but so far no one in the forum can really explain their answer yet....
7. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

the first question gave 3-month rate and asked for annual rate, What I did was still just multiply the quarterly forward rate by 4, even though I noticed actual/365. What should be the real "actual" number of days?
8. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

Since the gain from an upward move increases by $3 while the downward move still leaves the option expire worthless, so I took: original call price + probability of an upward move*present value of$3 discounted back 1 period This question confused me a bit since the conclusion at first seemed a...
9. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

but key rate 01 is not a measure in percentage terms, it's in monetary terms, like DV'01
10. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

Oh sorry! I picked 0.91, not 0.97
11. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

I also chose 750(avg)/2250(sum), but I suppose this is wrong. VaR of a combined position just should not be an average. I think the scatterplot showed some negative correlation definitely. So I used -1 and -0.5 and picked 1.10%, think it's A too. Why do they give a question that any reasoning...
12. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

From what I remember, for the butterfly strategy, the answer should be 4: (105 - 90) - 2*(105-100) - 8 + 2*3.5 = 4 Also picked the net worth clause, and +2 for the EUR/CHF swap question. I did not remember what exactly Gini coefficient is so I just chose largest to smallest. Gosh I did not...
13. Exam Feedback FRM Part 1 (November 2014) Exam Feedback

From what I remember, for the APT the risk free interest rate =4.5%, so I took 4.5% + BetaGDP (.... - given base value1) +BetaINT (... - given base value2) I went for C for that question because it was the only 1 that gave me a positive outcome. Yet I wonder if my answer C is the same C on your...