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    Exam Feedback November 2016 Part 1 Exam Feedback

    Tough exam... One def has to read fast press the calculator fast and write fast. Can I check some of my concepts though. My fundamentals are not very strong but would like to keep learning whether or not I pass the exams 1) something about the put options and they give Greek letters to ask you...
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    GARP.FRM.PQ.P1 Interest rate parity (garp13-p1-6)

    Hi, thanks for the explanation above. However, i thought that USD/EUR meant 1 USD = 1.25 EUR? Which means that USD is the base currency and EUR is the quoted currency. I memorised the formula in such a way that Ft =S0 * e(r-rf)T wherein r= quoted currency and rf = base currency and has been...
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    GARP.FRM.PQ.P1 Interest rate parity (garp13-p1-6)

    Thank you @Deepak Chitnis for the clear and succinct explanation!
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    GARP.FRM.PQ.P1 Interest rate parity (garp13-p1-6)

    hi David Please can you explain when do we use the following formulas for interest rate parity : Ft =S0 * e(r-rf)T and Forward = Spot x (1+domestic interest rate)/(1+foreign interest rate) I am very confused as some questions use the first and some use the second and the results are...
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    Six nonth semi annual forward rate

    Hi david, I read on your study notes in the financial markets and products on hull regarding interest rates, page 53 whereby we are asked to calculate the six month semi annial forward rate starting in 1.5 years. Please can you explain how the calculation formula? Many thanks!
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    P1.T3.510. Dollar roll (Tuckman)

    Hi! Please can i ask how is this equation derived from question 2 100 × (9/30) × 6.0%/12 or $0.150.
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    Futures

    hi please can I quickly ask why is there no cos to enter into a futures contract? I am sorry but I a very new to the finance community. Many thanks!
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