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  1. Shazam023

    Readings - should I plan to read everything

    I found this reading order online. If someone can review this and confirm whether its good to go with, that would be very helpful. https://drive.google.com/open?id=1IaJQndYp1Va6-nc_un_n84hk3r6Ef6xF Thanks for your input @gprisby @Amarnadh D
  2. Shazam023

    Readings - should I plan to read everything

    @Nicole Seaman @ShaktiRathore @David Harper CFA FRM If possible could you please provide an Optimal Reading list chapters/readings wise. I believe it's advisable to start with Quants... but more detailed break-down as which Reading should we go firs would be much helpful. Thanks
  3. Shazam023

    Stress Testing Principles... Exam Relevance High/Low?

    Are they important w.r.t exam questions. coz there are around 21 principles and i still have much more to do with Book 4. so just want to confirm about the exam relevance of this topic, is it high or low?? Thankx in advance
  4. Shazam023

    HOW TO SOLVE e^2R= 0.90506?

    Thnkx to both of u... Will there be any significant difference if I use first instead of second??
  5. Shazam023

    HOW TO SOLVE e^2R= 0.90506?

    @Deepak Chitnis thnkx man.... this is so simple.. can u explain that is there any difference in these 2 terms: e^(0.02)(3/12) & 1/(1+0.02)^3/12 i m using the second term for discounting purposes but in books the "e^x" term is used and my answers r just lil bit different.. 2~3 decimal point...
  6. Shazam023

    HOW TO SOLVE e^2R= 0.90506?

    'm doing Swaps valuation and discounting coupon pmts. with spot rates. so there's an example in Hull which asks for final pmt's spot rate. so m not able to solve this e^2R=0.90506 for R... can someone help? R shud be 4.99% and is there any other way to calculate R other thn e^x. earlier i...
  7. Shazam023

    isn't this an error?

    thnkx alot... i missed the part "to buy a zero coupon bond".. my bad.. once again thnkx for ur help @Jayanthi Sankaran
  8. Shazam023

    isn't this an error?

    @Jayanthi Sankaran thnkx for reply...... but cn u explain the interpretation of this statement "will mature 1 year from today. (This means that the bond will have 8 months to go when the forward contract matures.)" i'm not getting this.. its obvious a 4 month contract will expire in 4 months...
  9. Shazam023

    isn't this an error?

    John C. Hull Chapter 5 (Determination of Forward and Futures Prices) Example No. 5.1 Consider a 4-month forward contract to buy a zero-coupon bond that will mature 1 year from today. (This means that the bond will have 8 months to go when the forward contract matures.) The current price of the...
  10. Shazam023

    When CH (clearinghouse) member fails to meet its financial obligation.. doubt

    @Jayanthi Sankaran thnkx for this explanation... cleared many doubts i had. just one more thing.. y broker has to pay when customer defaults? suppose a broker X has 3 clients and ol of thm refuses to pay margin call and lets say the margin call for each client is $5000. so it means X has to...
  11. Shazam023

    When CH (clearinghouse) member fails to meet its financial obligation.. doubt

    @David Harper CFA FRM CIPM can you please help with my query in above comments...????
  12. Shazam023

    When CH (clearinghouse) member fails to meet its financial obligation.. doubt

    thnkx @Deepak Chitnis .. but what happens to a broker when a customer defaults?? why his membership is sold when its customers' fault ??
  13. Shazam023

    When CH (clearinghouse) member fails to meet its financial obligation.. doubt

    okay so what i have been reading here that when a Ch member fails to meet its financial obligations his fully margined positions are transferred and under-margined positions are liquidated. i'm confused about who is Ch member here and whose customer a/c is this?? if a customer fails to meet its...
  14. Shazam023

    Coefficient of Correlation in Multiple Regression Analysis?

    S So we can't get (rho) from multiple regression analysis.. Is it?? Well my reasoning was that because Univariate has only variable X & Y so we can conclude their relationship with each other i.e (rho) whereas in multivariate regression we hv more thn one Xi so finding individual relation...
  15. Shazam023

    Coefficient of Correlation in Multiple Regression Analysis?

    @Deepak Chitnis i understand what u r trying to say, but my point is R= SQRT (R^2) for Single Variable Regression. how will u calculate R (rho) when R^2 is given for Multiple Regression Line. wud u still do SQRT (R^2) ?? whch is what m asking from @David Harper CFA FRM CIPM . he mentioned in...
  16. Shazam023

    Coefficient of Correlation in Multiple Regression Analysis?

    @Jayanthi Sankaran thnkx for reply but what i am asking is different. i m asking that * whether can we calculate Coefficient of Correlation from R^2 in multiple regression analysis ???
  17. Shazam023

    Coefficient of Correlation in Multiple Regression Analysis?

    @David Harper CFA FRM CIPM In one of your videos about Multiple Regression Analysis, u said that likewise in Univariate Reg. analysis (rho)= √R^2, it is not possible in multiple regression analysis. Can u explain/ give reasoning for this??
  18. Shazam023

    Explanation of Vasicek Model??

    @David Harper CFA FRM CIPM Thnkx a lot. So basically if; • N^-1(x) => 1-x and thn calculate probability. • N^1(-x) => directly lookup for probability. • N(-x) => lookup for (x) thn 1-probability. No more confusion. Gonna bookmark this page for future reference. Thnkx once again.
  19. Shazam023

    Life hanging around Schweser/BT/Stock&Watson... :-/

    Life hanging around Schweser/BT/Stock&Watson... :-/
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