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Hi David, I noticed that there is now a requirement to compute the PDF and CDF of which requires understanding anti derivative of a PDF or CDF. In the 2013 study notes, there is not much information on computing the antiderivative. Can you point to some sites where I can understand the basics...

Hello David, In the study notes on Page 11, the formula for CE is given as CE[CF(n)] = E[CF(n)] * [1+r(WACC)]^n / [1+r(f)]^n however the computation is showing $356 = $453*(1+3.50%)^5/(1+8.616%)^5 Where Rf = 3.50% and WACC = 8.616%

I did not want to start a new thread for this so asking the question here. I could not find any practice questions in the 2012 study planner for the following chapters on the Valuation Models topic. Linda Allen - Chapter 3 Putting VaR to work, Chapter 5 Extending the VaR approach to...

Thanks for the response. I get it now.

6.3. The spot EUR/USD exchange rate is $1.30 (i.e., USD 1.30 per 1 EUR) with a volatility of 30% per annum. The USD riskless rate is 4% per annum and the EUR riskless rate is 3% per annum. What is the delta of a one-year call option on the Euro with a strike price of EUR/USD $1.36? a) 0.4980 b)...

Thank you!

Hello David or Suzanne, I am trying to understand, when you say you will write practice questions daily, will those be included in the PDF format questions that are in your paid package? Or will these questions be posted somewhere else, like on the forum? I am currently working my way through...

I am going exclusively with bionic's videos and study notes. I am planning on purchasing the garp assigned reading after jan 1st so I can get a reimbursement from my firm in 2013. I am not planning on buying Schwesser at all. From all the feedback I have read on different sites David just has a...

I started last month studying for FRM L1. Started with refresher in prob/stats which I have not done in years. I used variety of websites and youtube as sources. I then started on David's videos for Market and Products and some question banks. I passed the ICBRR from GARP last year, which is lot...

Thank you for your responses.

Has anyone attempted to take the FRM by purely going through David's study notes, question bank and videos and using internet resources for understanding different concepts? Is it worth it to purchase the GARP assigned reading material for another $250? btw, thanks for the link above David.

I could not find the FRM 1 books available for sale through GARP. It still says available mid december but no link to purchase. Can you post a link to where the 2013 FRM 1 books are available for sale?

Hi, I recently purchased your training program with the intention of giving the FRM exam in May 2013. I noticed that there are a lot of videos posted by bionic turtle on youtube. However, these are not in any organized fashion. Even if you went through the play lists there seem to be missing...