CoolkollYes it is early exercise and I got the answer.
Do u remember answer? it is 4.59 ?D variant
CoolkollYes it is early exercise and I got the answer.
Sorry I don't recall my answerCoolkoll
Do u remember answer? it is 4.59 ?D variant
Did anyone remember about the shape of volatility curve question. Intially it is going downwards what will the shape of volatility curve if volatility will increase in future?
I think the corrct choice was option A: 7'somthing %And also same issue in the question of
cumulative default probability from transition matrix (current is B rated), I also can't get the right answer, did u?
Thought I was the only one who computed it twice and not get the answer. I got somewhere around 113 as well. From memory, i think the choices were below the amount of 113 and I decided to go for the highest among the 4 choices.
Did anyone remember a question with two loans: 500M and 750M, and ask you the unexpected loss of this portfolio loan. Am pretty sure all my steps are correct and I only can get the answer around 113M, which does not match with all 4 answers. What's the trick there?
Also, a question provide a GARCH formula and asking you to calculate Sharpe ratio, how to solve it? Thx
No Doubt. I finished GARP practice paper 2017 in 3 hours, scored 93, the day before the exam. I could attempt around 92 questions in the actual exam. Can you guys tell us how many questions you could attempt in the exam without wild guessing ? This will help us better understand the overall performance.The paper i think was definitely more difficult than the practise exam!
I know zahra, it's frustrating. I did the UL question twice and the second time I literally threw my hands in the air when my answer did not match. I think I got an exact match for the insurance premium question. I hope you had taken note that the question says the insurance pay out occurs at the end of the year and not at the mid of the year as we are used to.I had the same problem with UL for the portfolio. I knew my formula inside out, and had done it the very previous night very easily but got 113 in the exam and kept redoing it hoping I can secure that point. It seems there was an error in the question and that left us with less time for other questions.. not fair
On the insurance premium I got a number somehow close to one of the options but not equal. Not sure if I missed something in plugging numbers into my calculator. Ultimately I admit I am more of an excel person than a calculator person oh well...