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Search: Posts Made By: Gilgamesh
Forum: Investment / Financial Markets 03-15-2018, 08:33 PM
Replies: 1
Views: 5,410
Posted By Gilgamesh
Will March 2018 MFE results come before May 7th?

I hope to attend the Baltimore networking event to search for work opportunities, and it would be nice if I could bring copies of my resume that include Exam MFE. Unfortunately I took the exam today...
Forum: Investment / Financial Markets 02-22-2018, 12:52 AM
Replies: 8
Views: 819
Posted By Gilgamesh
How did you get e^r = 15/14?

How did you get e^r = 15/14?
Forum: Investment / Financial Markets 02-20-2018, 01:30 AM
Replies: 5
Views: 4,263
Posted By Gilgamesh
Thanks, that information is useful. But I would...

Thanks, that information is useful. But I would still like to know how likely to pass those with EL above seven are. Do you collect data on your users' Earned Levels and passage rates?
Forum: Investment / Financial Markets 02-19-2018, 04:56 PM
Replies: 5
Views: 4,263
Posted By Gilgamesh
Is ADAPT Earned Level a good predictor of exam passage?

I am studying for Exam MFE and recently bought ADAPT for the first time. They say that they recommend getting up to at least an Earned Level of 7 to be prepared to pass the exam.


Do any of you...
Forum: Investment / Financial Markets 02-09-2018, 09:44 PM
Replies: 0
Views: 844
Posted By Gilgamesh
Futures-related questions

Let's say that a futures contract is initiated at $1,000, and that same contract closes out at $1,000 six months later, or whenever the expiration date is.

Initial and closing prices are the same,...
Forum: Investment / Financial Markets 02-09-2018, 09:14 PM
Replies: 5
Views: 3,127
Posted By Gilgamesh
You would recommend ADAPT over ASM?

You would recommend ADAPT over ASM?
Forum: Investment / Financial Markets 02-05-2018, 07:52 PM
Replies: 5
Views: 3,127
Posted By Gilgamesh
Should I bother buying ASM or Adapt at this point?

I am studying for March MFE and have not used any materials outside of the DM textbook listed in the syllabus. Do you think it is worth it to buy ASM or Adapt with the test barely a month away? How...
Forum: Investment / Financial Markets 02-05-2018, 07:07 PM
Replies: 2
Views: 1,361
Posted By Gilgamesh
Interest Rate and Bond Derivatives chapter - important takeaways?

I have looked at some sample problems/solutions from past exams, and a few of the problems require you to use closed-form solutions for Vasicek and CIR Models that are very ugly and would be a...
Forum: General Actuarial 01-24-2018, 02:55 PM
Replies: 1
Views: 2,753
Posted By Gilgamesh
Will SOA Exam MFE be obsolete with July 2018 updates?

I am currently studying for the March MFE Exam, but according to the link below, it will soon be part of the ASA requirements no longer. Will passage of this exam have any value after July?
...
Forum: Investment / Financial Markets 01-12-2018, 07:53 PM
Replies: 1
Views: 1,022
Posted By Gilgamesh
Continuously Compounded Expected Return?

How do we know when this phrase refers to the lognormal mean or the normal mean? For example, if "A" is associated with this phrase, it could mean that:

E[S(T)] = S(0)*e^(AT)

or

E[S(T)]...
Forum: Investment / Financial Markets 01-08-2018, 05:03 PM
Replies: 2
Views: 1,660
Posted By Gilgamesh
Also it is reasonable to assume that the margin...

Also it is reasonable to assume that the margin balance is earning risk-free interest? In a textbook example it does this, but it did not do so in a Khan Academy video. Just wanted to make sure.
Forum: Investment / Financial Markets 01-08-2018, 05:02 PM
Replies: 2
Views: 1,660
Posted By Gilgamesh
Futures Mark-to-Market Example?

I have included a photo URL to an example I constructed of 1 futures contract and the marking-to-market process. I have a few questions about this process, and I would like to begin by asking you if...
Forum: Investment / Financial Markets 11-04-2016, 12:19 AM
Replies: 1
Views: 1,861
Posted By Gilgamesh
Never mind, I am a fool!

Never mind, I am a fool!
Forum: Investment / Financial Markets 11-04-2016, 12:18 AM
Replies: 1
Views: 1,861
Posted By Gilgamesh
Formula for Vega of Options?

I'm too lazy to try to figure out all the math font right now, but this question should be pretty easy to communicate without doing so.

I have checked multiple sources and have confirmed that the...
Forum: Investment / Financial Markets 10-12-2016, 02:07 PM
Replies: 0
Views: 1,214
Posted By Gilgamesh
What Option spreads should we know?

I think I remember option spreads being on the FM Exam. Still, while reading through some study guides for the MFE, it was mentioned that a chooser option that allows you to choose between call/put...
Forum: Investment / Financial Markets 10-06-2016, 10:42 PM
Replies: 1
Views: 1,086
Posted By Gilgamesh
Black-Scholes formula?

I am referring to the following URL:
http://faculty.atu.edu/mfinan/actuarieshall/DFEM.pdf

On page 197, it lists the formulas for N(d2) with r (the risk-free interest rate), but on page 371, it...
Forum: Investment / Financial Markets 10-06-2016, 09:04 PM
Replies: 10
Views: 2,124
Posted By Gilgamesh
I wish I had taken note of where I saw this. I...

I wish I had taken note of where I saw this. I witnessed this on some page in the Finan pdf. There was a problem where they were computing the price of a (European, I think) call without dividends,...
Forum: Investment / Financial Markets 10-06-2016, 09:02 PM
Replies: 1
Views: 1,207
Posted By Gilgamesh
Estimating st.dev of annual continously compounded returns?

Just a note, I recently asked a completely different question that I found the answer to, but now I have an entirely different question (relating to the same subject.)

I am working on a practice...
Forum: Investment / Financial Markets 10-05-2016, 02:58 PM
Replies: 10
Views: 2,124
Posted By Gilgamesh
When do we have path-dependent options? Is this...

When do we have path-dependent options? Is this only the case when the probabilities for up and down moves are not risk-neutral?
Forum: Investment / Financial Markets 10-05-2016, 12:34 PM
Replies: 10
Views: 2,124
Posted By Gilgamesh
Binomial Trees - can we just go straight to the end every time?

Instead of calculating the stock/option value at the end nodes, and then discounting the expected value of the previous nodes one step at a time, can we just use the formula for binomial...
Forum: Investment / Financial Markets 09-23-2016, 12:38 AM
Replies: 3
Views: 1,192
Posted By Gilgamesh
So does the discrepancy in the two formula...

So does the discrepancy in the two formula compensate for a difference in calculation of the risk-neutral probability in each model?

And just to confirm, we are to use the McDonald formula in the...
Forum: Investment / Financial Markets 09-22-2016, 11:35 PM
Replies: 3
Views: 1,192
Posted By Gilgamesh
Binomial Lattice Movements?

In McDonald's text, the up and down movements for one period in a binomial lattice are given differently for different assets. For pretty much every asset except futures contracts, u and are given...
Forum: Investment / Financial Markets 09-22-2016, 01:06 PM
Replies: 8
Views: 3,447
Posted By Gilgamesh
I appreciate your help, but those prices are way...

I appreciate your help, but those prices are way outside my budget right now. Even paying for the MFE exam itself is going to require me to pull a few strings...Luckily I have a couple textbooks...
Forum: Investment / Financial Markets 09-20-2016, 11:33 PM
Replies: 8
Views: 3,447
Posted By Gilgamesh
Can you please elaborate on what those are?

Can you please elaborate on what those are?
Forum: Investment / Financial Markets 09-20-2016, 11:22 PM
Replies: 8
Views: 3,447
Posted By Gilgamesh
Having trouble knowing what to study for MFE?

So far I have examined three resources - (1) the mfe syllabus, (2) a sample mfe test with 76 questions, (3) and the textbook that is recommended in the syllabus.


The syllabus gives certain...
Showing results 1 to 25 of 70

 

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