So, the Nov 13 FRM part 2 is over across the globe! Please share your experience. In my opinion, it was very theoretical test which tested on very fine details in theory . What do you think?
Yeah, i considered that and you may well both be right. I didn't go that route because I recalled reading that the higher rated C/P usually charges the lower rated party. Also, as matter of practice, dealer/banks typically charge and there is not much of a precedent for an end user to charge CVA to a dealer. Tricky question for sure.I used the same reasoning too i. e. compared delta chages for both the parties