Hope you all are doing well.. It may have been answered in past, but asking again.. In FRM part 1 exam, do we need to remember all math formulas and equations or are they provided in the questions?
Asking because I know of some exams like (TOGAF for enterprise s/w architecture) which...
In which study guide or video can i find the derivation of the formula of modified duration of par bond?
I understand MD formula for par bond is: MD=[1-(1+y)˄-maturity] / y
But still searching for derivation..
Question: The BSM formula is actually simple except for N(d1) and N(d2) in the case of the call, and N(-d1) and N(-d2) in the case of the put. Will the exam always provide N(d1) and N(d2) or do we need to know how to calculate them?
Answer: That's a good point that BSM is simple except for the...
Hello Fellow BT Forum-ers,
As the exams is around the corner...the only cramming we would want to do is cram these useful formulas;
Let's get e' ball rolling. Post the formulas you've learn and those you'd like to...memorized by heart! Best bet that comes out in the exams wins..
Hi starting a new thread for the important formulas that can come in handy for your exams.
Let me start with the following(these are relevant for part I) :
1. Holding Period Return=(V1-V0+D1)/V0
2. Standardized Return= (mean return-Target return)/standard deviation of returns
just in terms of efficient exam preparation and to the best of your experience so far: can we expect that exam questions on Hull's Exotic Options to be conceptual only (=no calculations)?
Or to be more specific: as the calculations of the different types of options ans the valuations...