Exam. Feeling.

[mlschop]

Originally Posted by SelfOrgCrit

How did everyone calculate the E(V)? Did you use one of those crazy formulas? And where did the margin requirements question come from in the study materials?

E(V) formula wasn't too bad if you've seen a problem like that before. It's an ugly calculation for sure...and I think I messed up my arithmetic somewhere, because my final answer looked wrong. Obviously not worth going back and redo'ing on these exams, so hopefully I get enough partial credits along the way.

Margin Req's question was pretty ridiculous imo. It's like one page in the Coherent Risk Measure paper.

[gracyjoe]

Agree! I am glad I reviewed #6 in the PAK Test Aid!!!

Everyone feel good about the call option on a bond with vasicek interest model? Pretty straight forward just a little calculation intensive.

[accountant]

calculate P(0,T), but T=? 5 or 10?

It is a 5 year call in 10-year bond

Originally Posted by gracyjoe

Agree! I am glad I reviewed #6 in the PAK Test Aid!!!

Everyone feel good about the call option on a bond with vasicek interest model? Pretty straight forward just a little calculation intensive.

[gracyjoe]

Originally Posted by accountant

calculate P(0,T), but T=? 5 or 10?

It is a 5 year call in 10-year bond

T=5
S=10

[zprime128]

Originally Posted by gracyjoe

Everyone feel good about the call option on a bond with vasicek interest model? Pretty straight forward just a little calculation intensive.

Do you remember what you got for that? I believe I got 16.23. No time to go back and check work though.

[gracyjoe]

That sounds familiar but I can't remember for sure. I also did not go back and check my work.

[Pgraham]

Anyone know what score (out of 120) you would expect to need to get to pass? I think I got around a 70/120 (though, I kind of ran out of time to count up the points I felt good about!), but I do not know if that score should make me feel good or not.

[TomTom]

Originally Posted by Pgraham

Anyone know what score (out of 120) you would expect to need to get to pass? I think I got around a 70/120 (though, I kind of ran out of time to count up the points I felt good about!), but I do not know if that score should make me feel good or not.

Trying to figure out your score on these exams isn't a good exercise. Just busy yourself with other tasks between now and July.

[accountant]

70-75

[mlschop]

Originally Posted by TomTom

Trying to figure out your score on these exams isn't a good exercise. Just busy yourself with other tasks between now and July.

This.