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  #41  
Old 09-06-2017, 09:22 AM
immocardo immocardo is offline
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Originally Posted by monkeyunited View Post
Did it take a month to complete the VEE?
Is it possible to do it in December and be done with it before next year?

That way i can focus on studying for exam now and get that out of the way later.
If you use coaching actuaries you need 2 weeks from when you schedule the final to when you take it. During that time you could complete the 3 assignments.

If you have your own proctor (FSA), you can schedule at their convenience and could complete it even faster. Personally, I feel I could have done the stats VEE in a week or less.
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  #42  
Old 09-06-2017, 10:36 AM
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It took me a little less than a month but I read ALL the material and went over all the practice problems and redid all the assignments.

To answer your question, yes. You can start December and finish if you study hard. You can do anything you set your mind to
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  #43  
Old 09-07-2017, 12:20 PM
monkeyunited monkeyunited is offline
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It took me a little less than a month but I read ALL the material and went over all the practice problems and redid all the assignments.

To answer your question, yes. You can start December and finish if you study hard. You can do anything you set your mind to
hahaha thanks. I meant timeline-wise if it's possible/practical.
I don't mind studying hard
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  #44  
Old 09-08-2017, 02:57 PM
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Yes it is possible/ practical.

Now, I am not sure about Corporate finance though. I heard it is more extensive. I would project it would take me the same amount of time but with considerably more studying and focus.

Anyways, how's the studying going for MFE?
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  #45  
Old 09-08-2017, 04:04 PM
immocardo immocardo is offline
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Originally Posted by Johns View Post
Yes it is possible/ practical.

Now, I am not sure about Corporate finance though. I heard it is more extensive. I would project it would take me the same amount of time but with considerably more studying and focus.

Anyways, how's the studying going for MFE?
I did CPCU 540 for the corporate finance VEE. It wasn't bad at all, a 2 or 3 days of studying prior to the test. There is enough FM material (zero coupon bonds and time value of money type stuff) that you can breeze through pretty easily on minimal study time.
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  #46  
Old 09-08-2017, 04:52 PM
monkeyunited monkeyunited is offline
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Just skipped normal probability plot...
I plan to finish the material by end of September/early October and spend a month doing ADAPT
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  #47  
Old 09-08-2017, 05:30 PM
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Same here,

I have a specific day in mind but I want to finish it before September ends. Some sections are easier than others though.

Normal probability plot? Which manual are you using?


@immocardo,

I still haven't figured out when I should take it. Would you recommend it? How long did it take you? Can it be finished in a week?
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Last edited by Johns; 09-08-2017 at 05:33 PM.. Reason: comment to immocardo
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  #48  
Old 09-08-2017, 07:09 PM
monkeyunited monkeyunited is offline
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Originally Posted by Johns View Post
Same here,

I have a specific day in mind but I want to finish it before September ends. Some sections are easier than others though.

Normal probability plot? Which manual are you using?
ASM 9th edition section 8
It's the ggplot? qqplot? where you plug 5 points on a graph and determine if normal distribution is a good fit
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  #49  
Old 09-09-2017, 09:16 PM
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Default Question ASM 12.6

#12.6

A stock's price follows a lognormal model. You are given:

(i) alpha=0.15
(ii)delta=0.02
(iii)sigma=0.3

Determine the smallest period t > 0 such that the probability that the stock price at t is less than the initial price is less than 5%.

I am not sure if I understand the solution to this problem

s_0*e^(0.085t-0.3sqr(t)1.645)>s_0

would this be the set up?

Thanks guys
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  #50  
Old 09-10-2017, 08:26 PM
smarterthancandee smarterthancandee is offline
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Quote:
Originally Posted by Johns View Post
#12.6

A stock's price follows a lognormal model. You are given:

(i) alpha=0.15
(ii)delta=0.02
(iii)sigma=0.3

Determine the smallest period t > 0 such that the probability that the stock price at t is less than the initial price is less than 5%.

I am not sure if I understand the solution to this problem

s_0*e^(0.085t-0.3sqr(t)1.645)>s_0

would this be the set up?

Thanks guys
If you start solving what you have, you'll end up with the equation they have in the solution. I started with the same equation as you did.
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