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I would prefer to wait for David to respond to see if an anonymous survey could be generated....if not, I would be happy to share my salary range. Brian

I was thinking that compensation information would be valuable information to know for folks. Obviously, the amounts will differ by location, experience level, degrees earned, etc., but I still think that this information could be very valuable for BT members. @David Harper CFA FRM - have you...

Congrats @NNath!

@Nicole Manley - hope you don't mind me suggesting the following - this entire thread is a bit redundant - it could probably be moved to the other thread, https://forum.bionicturtle.com/threads/may-2016-part-2-exam-feedback.9610/page-20

I don't believe there is a "formula" per se. If I remember correctly, David provides an example in the corresponding spreadsheet, the results of which are included in the study notes. The approach is described therein.

Congrats @Maged - you deserve an award for your patience!

You can use excel or you can use a financial calculator. This would not be an issue for the exam and I would caution you (@desh) on getting too caught up on something this minor. The test will provide the D1 or the N(d1) values if there is a BSM question that requires it, or, they would...

bite your tongue Brian.....

love the name @JordanMatrix ...is that canonical?

Great - what are your questions? Can you be a bit more specific?

I think it might just be a naming convention David was using and not something to worry about - but I'm not sure.

Have a wonderful vacation!

I began my career in the actuarial field (pension consulting firm Towers Perrin (now Towers Watson). I have passed P and FM and have looked at the MFE material a few times. Honestly, it was very helpful as the FRM exams are no where near the difficulty of actuarial exams. I rank the actuarial...

"f(x) = 3/125*x^2 them turn it to f(x) = 3/125*1/3*x^3 = x^3/125 = p" This is not algebra per se. Rather, it is calculus. The integral of x^n is (x^(n+1)) / (n+1) . Do you have any background in undergraduate mathematics? I think that a minimum level of comfort with math is necessary for...

This is a simply math problem - it requires you to know how to calculate the payment on a fully amortizing loan. You can use the PMT function in excel, even easier, just use the TVM functionality on the BAII Plus calculator. N = 12*30 = 360 (months) 5% / 12 = period rate PV = 250000 FV = 0...

Welcome to the club - we're glad to have you! ;)

AAAAWWWWWEEEEE YEEEAAAHHHHHHHHH!