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Hi everybody, I have just checked the GARP website, the results for FRM May 2012 exam have been posted. Youuuupi I passed :) ;) :D Good luck to all

I tried to register for november 2012 Part II exam, I am really shocked because it gives me access to register. What does this mean? maybe I failed but I did good

I remember that: Floating rate at the start at the initial of the swap = 3% + Libor (25 bps) = 3,25% Floating rate at the end of the period = 3% + Libor (75 bps) = 3,75% S0 TRS receiver net payout (3,75% - 20% ) * 200 M = 32,5M

How many questions should we have correct in order to pass?

I hope. Me too I did a lot of mistakes ( up to 20 questions) But I still hope to pass. Good luck

I agree with hanyongdok. I used the same equation PD3 = Cum PD3 - Cum PD2

My reasonning was : PV= -80000 FV= 100000 T=1 PMT=0 COMPT Y=25% PD= 1 - (1+5%)/(1+25%) = 16% which gives same result

Hi, After reading almost all the comments, I have concluded that the exam wasn't so easy as some people assume. Sure there are at least 50 questions for which we can trust but 25 to 30 questions are more confusing. Good luck everybody