Feedback?

[mdecav]

Hi Dave,

Just curious... have you gotten any feedback on the difficulty of the November exams from GARP or any other sources at all? I was very, very surprised by a number of questions Level 2. It definitely felt like many of the questions went beyond what the AIMs asked for - for example the pricing of a barrier option.

Mike

 

[David Harper CFA FRM]

Hi Mike,

My only feedback is here in the forum; e.g., here is a good thread with L2 comments @ http://forum.bionicturtle.com/viewthread/4500/

I don't expect GARP feedback, it is not their strength to self-calibrate frankly. Of course, best would be to see the exam but they don't share.

(to actually conduct the pricing of a barrier, in the time allowed, seem very very difficult ... I agree. You don't mean actually produce the value but rather qualitatively synthesize-yes?)

Good luck, you may be done with it soon enough!
David