Search results

the question was 1> which one would get upgraded to investment grade given options AAA,AA,A,BBB given the transition matrix? 2>What is the probaablity of default for AAA bond options 0.03% 0.07% 0.10% 0.15% as well as wanted to know ur feedback on the exam coz i could solve close to...

I kind of only very vaguely remember this question...not sure if it has already been discussed earlier..was this the one on 2 year default probability of AAA? Mayb u can give some more details bcoz i cant seem to recall...actually i doubt if u also remember any more about this question...it has...

Yea, i mean v all can only speculate what could be and could not be...but i think the passing rate for May L1 was 54% for some 10k students....it looks a bit improbable to me that 5000 ppl scored more than 70-75% in L1...although no denying that it is not impossible!! Having said that only the...

I think May 2010 L1 was equally tough and in my opinion ( my guess ) 70% did not make it. Turtle2 Umm...although i wasnt there for the May exam and can't comment on the difficulty level or the results, but i guess a score of 70% not making it might be an overestimation to an extent. I think...

Lol...i want to stay at the more conservative side and hope that i get atleast 60 correct..somehow i m always a bit sceptical with these multiple choice questions...even if u make a silly mistake sometimes u can still find that wrong option as one of the answer options bcoz it was cleverly put...

I think it will be helpful if everyone can post their count of questions they attempted seriously and are relatively sure about the that number that those attempts are right ones... that way we can relatively compare how did we perform compared to others.. Also can anyone throw light on how...

One more multiple regression qs in which after substituting intercept and slope values equation for both the sales were coming same. options were , both have same value , data insufficient , one is having larger value and one is having lower value ? I marked data insuffient as I was not sure how...

One more multiple regression qs in which after substituting intercept and slope values equation for both the sales were coming same. options were , both have same value , data insufficient , one is having larger value and one is having lower value ? I marked data insuffient as I was not sure how...

Yea there was this question on hedging the exposure on EUR...i also remember calculating one of the values, but not sure wat i marked-the positive number or the negative number :( Dnt even remember wat the question asked exactly...impact due to hedging or impact had it not hedged...the answer...

I must say, Launchpad u have a gr8 memory man!!!

Launchpad, you beauty!!!! Keep on recalling the questions :) This was definitely inflation

Hi Quest4FRM, I'm from Singapore as well. How was the turnout like here? What's your background I'm curious to know.. =) Hi Jiew, The turnout in Singapore was quite huge actually :D ...lots of people, both for the FRM and the ERP exam...atleast there were many for FRM level 1...can't...

Yea i think for that comparative advantage swap question the answer was 20 bp only, as both sides were making 10 bp each and not 10 bp overall combined For the AA+ credit rating, i also chose the same option For the bond default question on binomial, i think i did get the answer..dnt...

Well technically we all can be right and wrong as well...i m sure at higher ratings the default rate of corporates and sovereign wud be similar or less infact for sovereign...but at lower ratings sovereign default wud b higher...dunno wat GARP was looking for

3.) Compared to corporate default rate, sovereign default rate is : (a) significantly higher (b) higher (c) lower (d) some other option ... was sure it was between (a) and (b), and finally marked (b) The answer that I chose for this question was (d) similar. I think I remember seeing a...

In Singapore there were many people..both for FRM as well as ERP exam..i think both between 60-70...FRM maybe a bit higher... I think number of ppl giving FRM is bound to be lesser than CFA, since FRM is very specific to risk professionals only while CFA is much broader and hence almost...

Some more questions: 1) You were given Variance(A) and Variance(B) and corellation, need to calc Variance(A+B). 2) One qs each on Expected and Unexpected Loss calculation. 3) ES calculation for VAR(95.5 - 99). I Have taken Avg of all given values. 4) Debentures have claim above what all ...

Some of the other questions I can remember: 1.) derivatives dealing between P&G and Bankers Trust...which GARP code of conduct was violated by Bankers Trust? I marked the last option, dnt quite remember what it was....but at that time it appeared to be the most logical one to me... 2.)...

I took the Part 1 exam in Singapore...we had quite a few people here for the FRM exam...I agree the test was very quants oriented...lots of calculations...felt short of time in the end..and had to randomly guess a few answers...i also agree with cpaguy7 to the extent that a few questions were...