|
|
|
#3
05-11-2012, 04:35 PM
|
||||
|
||||
SN178 and SN179 are new.
__________________
Eddy www.pakstudymanual.com PAK Study Manual Packages/Seminars for CFE/ERM/ILA/QFI Fall 2013 Fall 2013 FSA Exam Restructuring Information (NEW) ERM: Study Schedule / Sample (Offer all 6 extensions) SDM: Study Schedule / Sample ILA LP: Study Schedule / Sample ILA FLV: Study Schedule / Sample 
|
|
#5
05-11-2012, 04:39 PM
|
||||
|
||||
|
The total pages should be roughly the same.
__________________
Eddy www.pakstudymanual.com PAK Study Manual Packages/Seminars for CFE/ERM/ILA/QFI Fall 2013 Fall 2013 FSA Exam Restructuring Information (NEW) ERM: Study Schedule / Sample (Offer all 6 extensions) SDM: Study Schedule / Sample ILA LP: Study Schedule / Sample ILA FLV: Study Schedule / Sample
|
|
#6
05-11-2012, 06:48 PM
|
||||
|
||||
|
FET-158-12 Economic Capital Modeling: Practical Considerations.
This paper is a must for any actuary working in a modeling area. Two thumbs up that SOA added it to the syllabus. I think it was already part of the Individual Life syllabus, for that is where i encountered it first way back. Best is this is available on line. http://es.milliman.com/Perspective/p...s-14-12-06.pdf Enjoy!!!!
__________________
...The final outcomes are stated in terms of being able to "do" something, as opposed to "knowing" something.  ...Always remenber the simple rule on exam day: Do not spend more than 3 minutes per exam point.  To secure your copy of the CTE.70 Practice Problems set, in electronic or manual version: http://www.actexmadriver.com/productdetails.cfm?PC=3587
|
|
#7
07-03-2012, 02:01 PM
|
|||
|
|||
|
I'm reading through Hull's book right now (good stuff, BTW.) Here's a good question: the syllabus says you should be able to reproduce the proof of the Black-Scholes-Merton pricing formula. Did they mean the differential form? Because that seems more like something you could test on, since there's no fiddly change-of-variables, and you get to apply Ito's Lemma.
I heard this popped up on a previous exam, so does anyone know which one it is?
|
|
#8
07-03-2012, 03:58 PM
|
||||
|
||||
|
It probably means the BSM differential equation proof in the OFOD Ch.14 (p.3_1_25 in the PAK Study Manual).
The past exam questions asked to use the Ito Lemma to prove something before, but not the BSM yet. One past exam question tested candidates to use Ito's Lemma to prove S(t) is lognormally distributed. (2009 Q11). One past exam question tested candidates to use Ito's Lemma to prove the martingale. (2010 Q8). If you use the PAK Study Manual, the information of all related past exam questions are all available in the PAK Study Manual. Should you have any questions, please feel free to contact me. Thanks!
__________________
Eddy www.pakstudymanual.com PAK Study Manual Packages/Seminars for CFE/ERM/ILA/QFI Fall 2013 Fall 2013 FSA Exam Restructuring Information (NEW) ERM: Study Schedule / Sample (Offer all 6 extensions) SDM: Study Schedule / Sample ILA LP: Study Schedule / Sample ILA FLV: Study Schedule / Sample
|
 |
| Thread Tools | |
| Display Modes | |
|
|
Linear Mode
