There is a link " FRM Current Results" on GARP website. When I am trying to open that link it shows " We did not find your name in Our Analysis database". Has anybody got any intimation from GARP about the results? I have not received any mail from GARP till now.
I had a very different answer from the all the posts that I have seen here on LCR question.
I worked it out like this - Level1 assets - 550 Leve2A - 250. But the restriction on Level 2A assets is - max (40% of level1) so that restricts the level 2A assets to 550*0.4=220.
Total eligible assets =...
I marked 25 for the question. My reasons for marking 25 were as follows
35-25/4.975=2.01 which is greater than 1.96. Hence the hypothesis that the true p=.01 is rejected.
I thought of the SCDS question like this- If the contract is marked to the mid price rather than the ask price, it will be equivalent to spread widening, which benefits the protection buyer, So the counterparty will have to post more collateral which was one of the options. Was not fully...
I remember faintly the question read " Both the bonds are equally probable to default".
But anyways......either ways 0.75 is not correct, which was my answer.
I think the answer to the probability question was 0.80. (Correct me please if I am wrong) Steps:
P(B/A) = P (A and B) / P(A) => P(A) = 0.10=P(B) (Question says P(A)=P(B) )
P (A or B) = P(A)+P(B)-P(A and B) => P (A or B)= 0.1+0.1-0.05=0.15
Required Probability = 1 - [P (A and B)+P (A or B)] =>...
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