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I passed 1111 Thank you, BT and happy new year everyone. Keep moving forward!

So the logic is choose Min (Quoted Bond Price - QFPx CF) regardless of positive or negative result, because 4 calculations from options have both positive and negative results, am I correct?

How abt Cheapest to deliver, any one can remember the answer?

X has 2 exposure with CCP, Y has 10 exposure with CCP, so initial margin will be based on: 12 exposure. I do not remember exactly, Am I correct?

I remember some questions, anyone know the answer: - There is a question of Cheapest to Deliver but based on the formula: Min (Quoted bond Price - QFPxCF), there are 4 results including both negative an positive number. So I choose lowest negative number? - Confident level increase => Economic...