Hello fellow Turtles,
Sorry I have been away so much. I have been preparing for CFA 2, working by day, and trying to start some side endeavors in whatever free time I have left. And parenting a toddler. Enough about me.
I hope you are all feeling good about your FRM preparation as you come...
I recommend GARP chapter then BT chapter. Stick with it and those integrated BT questions should help you pick things up faster.
I don't think GARP assumes you have any prior statistics knowledge, although it would certainly help.
A risk of the Reverse Conversion is a dividend increase or a special dividend. So a dividend cut should be beneficial to holding the Reverse.
Remember someone who is short stock needs to pay the dividend to the lender of the stock.
The way I see it as long as you pass Part 1, you are placing a good bet on Part 2. All you have to lose is the exam fee.
When you say pass rate of 5% I assume that is to pass both exams. How many who take both pass Part 1 and not Part 2?
They responded to me after my phone call to them.
It's a secret!
"With regard to your inquiry as to how many certified FRMs there are globally and nationally, it has been confirmed to me that this is non-published information."
Since one of the capital requirements is proportional to volatillity the ECB has lowered the multiplier to offset the higher volatility.
Seems like a bad idea to me. Markets are all over the place, the higher capital requirements seem justified.
But their game, their dice, their rules...
Looks like it is final. Just got this email.
December 2020 (Or June 2021 if you want to wait.)
As communities around the globe continue to adjust to the profound effects of the coronavirus, we at CFA Institute have been working on a new timeline for...
Does anyone know how many certified FRM's there are globally, and in the US? I have been googling for some time now and can't seem to lock down anything concrete. The closest figure that popped up was 50,000 globally, and it looked like that was from 2018.
So, if anyone knows, and...
Looks like you are right. Was hoping for August or September.
Q: What will be the earliest possible date for the exams?
A: December 2020.
This is one of my weakest subjects, so that's why I want to try and answer this.
The Forward Libor rates, and the 2-year swap rates are all semi annual but quoted for the year. In other words, 5% semi-annual would pay 2.5% of the principal twice a year.
So for each period you need to...