Got my results a few minutes ago -- Passed. Thanks David for putting all of this together. Your video lectures and podcasts were key to my success. Congrats to everyone who made it.
Faisal.
Thanks David. You may also want to correct the notes.
Also, what is the best way to inform you of some of these errors or typos. A couple of months ago I had sent you an email but I didn't get a response so I'm thinking you may have not received it. Is there a central place where you would...
Hi David,
Can you clarify the formula for LGD on the bottom of page 51 of the formula sheets.
It states PD=F*N(.)-Ve^(mu*T)*N(.).
Should it not be LGD=F*N(.)-Ve^(mu*T)*N(.) since PD = N(.) and we are trying to determine E(LGD|PD).
Faisal.
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