We hope that everyone did well on the FRM Part 2 exam on Saturday! We would love to hear any feedback that you have about the exam. How did it go? Did you encounter unexpected questions? Thank you in advance for any feedback you can provide!
I didn't know the distribution, neither how to calculate the SMMAnyone answers for QQ plot and for CPR and SMM problem (I marked 29,1%)?
Hello @KshitizHi Nicole, I took FRM level 2 this November
I had a query I would like you to answer. While filling my GARP ID on the OMR sheet in the text boxes I misspelt one of the numbers so the invigilator asked me to simply overwrite that figure. However, I filled the correct circles for the GARP ID so I was just worried if my exam would get evaluated or not?
Anyone answers for QQ plot and for CPR and SMM problem (I marked 29,1%)?
On the QQ plot question : I marked the one saying "the tails and centrall mass of the distribution exhibit different slopes..." answer.
I think the same answerSounds familiar.
Guys, I have to ask the question on RAROC. R14.5mil interest on the loan, R4.5mil costs for the loans, 1.5mil EL, 1.5mil UL, 30mil economic capital and 5% earned on the EC. The question said that the analyst correctly calculated the RAROC to be 15% - what was I missing on this question???
The way I see it, RAROC=(14.5+1.5-1.5-4.5)/30=33.3%. This question confused me for ages as it seemed like the numbers didn't add up. What did I miss?