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# credit risk

1. ### Credit Valuation Adjustment vs Expected Loss

Hello David! I have noticed that formula for both expected loss and CVA is the same. CVA is the present value of future exposure. Isn't expected loss the same thing? I am aware that EL is used for both credit risk and counterparty credit risk. So, why CVA if we can measure CCR with EL? Would be...
2. ### Capital Adequacy Ratio Calculation

I know this isn't about the FRM exam itself but is there any excel sheets about the calculation for CAR and it's risk weighted assets under Basel III? I have paper to write about it and I can't seem to find a good simple explanation on how to calculate for it, sorry but the words confuse me on...
3. ### FRM Part 2 Examination preparation tips

This thread has been created to provide information and tips about FRM part 2 examination preparation to the present and future candidates .I seek participation and feedback from the registered candidates for Part 2 examination, successful candidates of part 2 examination from the past periods...
Questions: 604.1. A $1,000 face value corporate bond with ten years to maturity and a 3.0% annual coupon (i.e., assume annual compounding) has a current price of$918.89. If the market's recovery rate (ie, one minus loss given default) consensus estimate is 20.0% and the risk-free yield is flat...