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Hi @PaParas - I had to guess that one; None of the answers seemed to fit.

Hello all – The questions were fairly in line with Garp’s practice exam and at least 1-2 levels easier than BT mock questions. Some of the qualitative questions gave me a bit of difficulty since a few questions required having gone through some very specific concepts in the GARP books. From...

I'm so glad I looked at the forum this morning. The fact that these instructions were given the day before the exam and no mails sent out is so shameful and unprofessional. I don't even have words... (well not true ... a lot of swear words... ) . While I knew about the exception certificate, I...

Thank you very much David. Yes I have seen the practice questions. I just had fears from the feedback of 2020 and the fact that GARP has had to administer it's exam more than 2 times might play into the fact that they will be "digging" deeper into the concepts. It seems to have been the case...

Edited by Nicole to Note: Thank you for providing this link RajivBoolell. I've moved the posts here to this thread to minimize duplicate posts in the forum. Hello , this is already discussed here. https://forum.bionicturtle.com/threads/exam-day.9531/...

Hello all - sorry to be asking that question so late. I was wondering about Chapter 13 Testability. To be honest this is my biggest weakness... Especially this learning objective: From what I see , it has a low testability at least from the gist of the forum?

Thank you very much indeed. I should have read the title of the diagram . Very interesting . I think it's a fine idea to have quizzes like that to keep members on their toes about their knowledge.

Hello @David Harper CFA FRM , BT Community , I have 2 questions not at all related to the syllabus of the FRM. In your opinion: 1. Do binary option provide "added value" to the derivatives market in general compared to other financial products ? By that I mean do they provide a "service"...

I think the FRM syllabus would gain in explaining the issues that can arise with box spread. For those interested here is an interesting case study below of a retail trader on Robinhood https://notenoughringgit.wordpress.com/2019/01/27/case-study-u-1r0nyman-and-stock-options/ If you wish to...

Hello Nicole, David - sorry I know this is a very old thread. But Is it possible to provide an explanation with respect to question 4? I have chosen like most people above answer B. Many thanks Rajiv

I disagree. It does matter because Garp has been overhauling its curriculum lately including the LO and writing their own material. They are likely to use their new approach to constantly improve their content. 2020 had quite a few changes compared to 2019. So we cannot say what will be the...

Hi Ishak, I've sent a mail to Garp 4 days ago concerning Paris and sent a chaser this morning. Fingers crossed they will answer...

Hi All, is there anyone on the forum taking the test in France who would have any information? The situation is more than dire here and I see no announcement on the Garp website. The latest news do not look good at all.

Hi @juidam - I think you know that but the coupon rate is not necessarily eq yield.By discounting by the coupon rate you are implying that the yield is equal to the coupon rate. That means that you are assuming the bond is selling at par which is isn't (see below the relationship on the wiki)...

Hello @mbbx5va2 there is no easy way to calculate the number of days between 2 date mentally. You just need to get used to it unfortunately - a bit like mental math. However I'll give you 2 tips : 1. A leap year (29 days in february) is exactly divisible by 4 --> 2014 is not a leap year 2...

Hi @David Harper CFA FRM - thank you so much ! I understand it better now. Rajiv

Hi @David Harper CFA FRM , I hope you are safe and well. How can the discount factor from of 2% coupon be "carried over " to a 5% coupon. I do not know if i'm expressing it right but I have a bit of difficulty in understanding why the discount factor of the first row can be used on the...

@David Harper CFA FRM Hi David, my apologies for the stupid inquiry but in the first example you give in your video (and in Garp example above) we assume equal weights . Does this mean(we assume) the underlying distribution for the stock price is a uniform distribution ?