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Thank you David, well appreciated. Regarding distraction I disagree, a forum is made to express comments and concerns, let people vent. If you´re busy, which is legitimate and reasonable, you can delegate answering comments to someone else on your team, you´ve got a good team working with you.

I disagree, common sense and rationale is the same as for previous exams, and previous exams are available. Is there any technical problem in making the previous formula sheet available in the study notes area?

Hi David, thanks, I appreciate the update of the formula sheet, and I can understand you´re busy, that´s why I suggested a link to download the old formula sheet as reference until you get the new one ready. I can´t find the old formula sheet anywhere, neither in the study notes area or the...

This is well appreciated David, like Holmes, rashed_du, and MJ2013, I think the formula sheet is a good focal point, kind of surprised not to see one from May or previous exams as part of the material, at least as reference. I´ve worked on a sheet with tips or formulas or answers or comments as...

Thank you ashanks, it does confirm the logic, swap pricing principle is a good starting point, but the application here is different, legs (fee and contingent) are default-based instead of interest-based (fixed-variable in IRS), and there´s both a negative and positive cash flow for the...

Thank you David.

Sorry, cannot find Portfolio Unexpected Loss (ULp) or Risk Contribution for asset i (RCi) for two assets, in the 2013.P2.Credit-Risk notes, could you please let me know chapter and pages? Thank you.

Thank you for providing sample questions, on official FRM 2013 practice exam, question 6, I couldn´t really find an example to solve this, estimating a CDS spread, which seems like a basic question not addressed here in the forum. I had to figure it out, took a couple of hours and about 8...