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Hi @Nicole Seaman, When I studied for part I I remember each chapter had like a general pool of questions, I believe it was called "drill" ? or something along those lines. This material helped me immensely to identify any weak areas per topic/book rather than waiting to complete the full mock...

Hi @David Harper CFA FRM One doubt regarding the statement that is mentioned throughout Market Risk chapter "Lognormal VaR is always less than VaR" (e.g p12 of VitalSource notes, 707.3D). Can it be "less or equal"? My question is the following: what would happen, if by any case, the...

Hi @David Harper CFA FRM I'm quite confused on why when computing the present value of the floating leg only the notional amount and the LIBOR that corresponds to the last payment date is considered. I don't understand why we don't consider all the other LIBOR rates in the corresponding pay...