it is automatic...the pass rate is not cutoff,... it is the rate how many people have managed to pass the exam among registered ones....I also marked exogenous...because...first of all...to trade you can in different amounts..it was not mentioned if the size of trade does influence the price...
I think the score is based on the performance of others, however, I think that in the best case you need to score at least 50% of the exam..which is why I think starting from 40 questions on...maybe with some exceptions.... like if you are not sitting for the exam first time....and some...
I mostly disagreee with you.... regarding with OC, actually, I cannot remember, that I have marked, but it should be allocated to senior, mezanine, equity and only afterwards to trust fun
thanks a lot, however, it is not adding up for me as well
I have marked sponsor risk for this one...the problem is, that the wording was completely misleading and the answers were too long and also ... I do not know....such a pity...
In my opinion, the exam first of should be more diversified, they cannot ask 8 questions from 2 pages only, like backtesting VaR, and CVar, MVar, 10% of the exam only on that, afterwards I totally disagree that the exam was easy, the wording at least in 30 questions was completely misleading...
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