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    FAQ Before Exam Market Risk Discussion forums

    Dear all, I find Bionic turtle discussions mostly focused on the FRM exam .Can any one suggest few other good online discussion forums in the Market/Credit Risk BA space Thanks in Advance
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    FRM Policy

    Hi All, Noticed that FRM exam is no more allowing to bring pencils & erasers. Hope there are no policy changes to calculators allowed? How do we correct the wrongly marked answers?By putting cross sign on the wrong ones and answering correct ones? Apologies for silly questions, but thought...
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    Interest Rate Parity

    HI All , Can you please help in answering the below Suppose the spot rate is 0.7102 USD/CHF and Swiss interest Rate = 7.6% US interest Rate = 5.2% If the 1 Year forward rate is 0.72 USD/CHF What's the arbitrage opportunity here ? -- My Understanding : As per the Interst Rate parity eqn the...
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    FRM Part-1 -2015 Aim statements

    Hi , Anyone has the links to FRM Part-1 -2015 Aim statements ?If so please share. Wasn't able to locate the same in GARP site Thanks
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    Variance Properties

    Hi All, Got a question on the below Variance properties 1)Var (x+y)=Var x +Var y 2)Var xy=Var x+ Var y + 2 covar(xy) corr(xy) --How do you explain the difference of these two properties 1) If you have a portfolio 10% variance and other with 20 % variance combined variance =30% ? 2)How do you...
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    Covariance Using Expected values

    Got a basic question on the sample question Provided in Miler Chapter-3 Sample Question: X is a random variable. X has an equal probability of being −1, 0, or +1. What is the correlation between X and Y if Y = X2? The above is solved using the Expected values . My question : Why this is not...
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    Normal Distribution - Kurtosis

    Hi All, Quick question : Is there a relation between Kurtosis and Standard deviation for normally distributed curves. For example there can be normally distributed curves with 10%,20%,30% standard deviations for which Kurtosis will be varying for each .Can somebody explain further . Thanks in...
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    Bernoullis distribution Vs Poisson's distribution (Miller Ch4 EOC Q&A)

    Hi All, Preparing for the Part-1 2015 Nov. Got a question on distributions from the below two questions given in the Miller's question at the end of Distributions (page 89, Q1 & Q2) My Confusion: This is solved by Bernoullis distribution. Why can't we use poisons distribution to solve these...
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