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cm2

  1. Bill SD
    Thread

    Chapter 19 Credit Risk

    Page 7 of the Acted Notes (section: Approaches to modelling Credit Risk) quotes the Core Reading: "Structural models are explicit models for a...
    Thread by: Bill SD, Aug 24, 2023, 2 replies, in forum: CM2
  2. Elena Puiu
    Thread

    April2019 Q8

    I am looking at Q8 in the April 2019 paper and I am unclear about the calculation of VaR under ii) so if our 99%VaR= -t |P(1000000*(1+i)<t)=0.01...
    Thread by: Elena Puiu, Jul 26, 2023, 1 replies, in forum: CM2
  3. s1645544
    Thread

    Subject CT8, April 2012, Question 3

    Hi, Please could I have help with understanding part (i) to this question. From the notes I attempted to solve this using d < e^r < u, however...
    Thread by: s1645544, Mar 16, 2023, 2 replies, in forum: CM2
  4. Jatin Taneja
    Thread

    CM2/CT1- April 2010 Q6

    Hi I am writing this to get my understanding clear on the question 6 from CT1 which is now part of CM2. For part b, Calculate the probability that...
    Thread by: Jatin Taneja, Mar 7, 2023, 0 replies, in forum: CM2
  5. snerap@gmail.com
    Thread

    CM2 Assignment X2.6.iv

    Hello All: My apologies if this question has already been asked and answered - I couldn't understand the solution to this question. Why are we...
    Thread by: snerap@gmail.com, Feb 8, 2023, 2 replies, in forum: CM2
  6. Bill SD
    Thread

    Chapter 3 - Behavioural Finance

    Hi, I have a specific and general question on this topic: 1) Specific - Please can you provide examples of the 'acceptance' and 'segregation'...
    Thread by: Bill SD, Sep 2, 2022, 8 replies, in forum: CM2
  7. JoshuaK
    Thread

    CM and CS 2 Syllabus / CMP notes 2022/23

    Hi, does anyone knows if usually there will be a major change in the CMP / study materials for different year sittings ? I plan to order CM and CS...
    Thread by: JoshuaK, Jul 24, 2022, 4 replies, in forum: General study / exams
  8. Bill SD
    Thread

    minor queries on Chapter 18 term structure of interest rates

    Hi - Appreciate answers to either or both of the quick queries below on Chapter 18 term structure of interest rates: 1) pg 13 introduces "a bank...
    Thread by: Bill SD, Jul 17, 2022, 1 replies, in forum: CM2
  9. Jonathan
    Thread

    What does 'geometric' mean?

    I understand the lognormal model etc but I was wondering where it gets the name 'geometric' brownian motion. What does it mean that the share...
    Thread by: Jonathan, Apr 14, 2022, 1 replies, in forum: CM2
  10. Jonathan
    Thread

    CM2 Paper B - Studying Tips

    Can anybody that has passed CM2 provide some tips on how to effectively study Paper B? I have been completing the material on the online classroom...
    Thread by: Jonathan, Apr 5, 2022, 0 replies, in forum: CM2
  11. ActStudent2711
    Thread

    Chapter 6 Question 6.7.ii

    Hi, In question 6.7.ii we are asked to calculate the equation of the efficient frontier using the Lagrangian function. The solution finds the...
    Thread by: ActStudent2711, Mar 17, 2022, 2 replies, in forum: CM2
  12. Darragh Kelly
    Thread

    CM2 - Chapter 16 Page 24 - Step 5 of The 5 Step Method

    Hi, I refer you to page 24 of chapter 16 for CM2 of the acted combined notes package 2021. The value of the portfolio at time t-1 =...
    Thread by: Darragh Kelly, Dec 28, 2021, 2 replies, in forum: CM2
  13. Darragh Kelly
    Thread

    CM2 - Chapter 16 Page 23 - Step 4 of The 5 Step Method

    Hi, Regarding Step 5 on the 5-step method in discrete time. I am little confused on the derivation of øt(j), see below (please refer to page 23...
    Thread by: Darragh Kelly, Dec 28, 2021, 4 replies, in forum: CM2
  14. yuli2513
    Thread

    Is copying and pasting from R/Excel to Word allowed?

    Hi, I am reading the examination guidelines for 2021 September exam and I find it very confusing to understand whether or not copying and pasting...
    Thread by: yuli2513, Aug 28, 2021, 4 replies, in forum: General study / exams
  15. skharki1
    Thread

    CH -13 The Greek Rho

    Can someone please explain the below line. what does it mean? "a low value of p reduces risk relative to uncertainty in the risk-free rate of...
    Thread by: skharki1, May 22, 2021, 2 replies, in forum: CM2
  16. skharki1
    Thread

    ch - 14 State Price Deflator.

    In Chapter 14, under state price deflator, it is stated that p > q. Can someone please explain will the price of an option will be the same under...
    Thread by: skharki1, May 21, 2021, 3 replies, in forum: CM2
  17. skharki1
    Thread

    Measurement of Investment Risk - VaR (Discrete)

    Investment returns (% pa), X , on a particular asset are modeled using the probability distribution: X Probability -7...
    Thread by: skharki1, May 12, 2021, 1 replies, in forum: CM2
  18. skharki1
    Thread

    Measurement Of Investment Risk - Downside Semi Variance

    Can someone please explain why downside semivariance is half of the variance? The question is given on Page 7 of chapter 4.
    Thread by: skharki1, May 11, 2021, 2 replies, in forum: CM2
  19. Rose95
    Thread

    Understanding "W_t returns infinitely oftern to 0..."

    Hi there, one of the properties of the Wiener process W_t is that it returns infinitely often to 0, or indeed to any other level. What does this...
    Thread by: Rose95, Apr 13, 2021, 1 replies, in forum: CM2
  20. Nikita90
    Thread

    September 2012 Q1

    I'm struggling to understand part 2 of this question - value of VaR and TailVaR. From my understanding for Company AA, VaR(X) = -t where...
    Thread by: Nikita90, Feb 27, 2021, 3 replies, in forum: CM2
  21. Krishna Awtar Loya
    Thread

    CM2 September Exam Result

    ...
    Thread by: Krishna Awtar Loya, Dec 15, 2020, 6 replies, in forum: CM2
  22. Nandan
    Thread

    April 2019 - Paper A (Q7 ii)

    Hi, The report mentions the following formula for the calculation of the changed option price - dV = delta*dS + 0.5*gamma*(dS)² + theta*dt I even...
    Thread by: Nandan, Oct 2, 2020, 1 replies, in forum: CM2
  23. VSA_88
    Thread

    Discrete VaR (September 2012, Q1)

    Hi I am struggling with some of the concepts for a discrete variable with question 1, part (c) of part (ii). Here we are asked to find the 95%...
    Thread by: VSA_88, Sep 29, 2020, 4 replies, in forum: CM2
  24. Kriti Gupta
    Thread

    Is it okay to attach the Excel spreadsheet workings file along with Word Document for CM2 Paper A?

    I'm doing a number of calculations in Excel while practicing for CM2 Paper A. I wish to use a similar approach for the exam, but am not sure if...
    Thread by: Kriti Gupta, Sep 7, 2020, 1 replies, in forum: CM2
  25. Kriti Gupta
    Thread

    Any tips for the Online format?

    As there are no sample papers available for the new online format of Paper A, there is lot of anxiety around the nature of questions especially...
    Thread by: Kriti Gupta, Sep 3, 2020, 3 replies, in forum: CM2
  26. skharki1
    Thread

    CM2 - Utility Theorem (Q- Power Utility Pg -23)

    Hi everyone, Please find the below question Suppose Investor A has a power utility function with y = 1 , whilst Investor B has a power utility...
    Thread by: skharki1, Jun 4, 2020, 1 replies, in forum: CM2
  27. Vince
    Thread

    Certainty equivalent of Fair Gamble

    Hi, I was having trouble understanding the following statement and after some investigating I think there is a mistake: Chapter 2, Section 3.2...
    Thread by: Vince, Feb 18, 2020, 3 replies, in forum: CM2
  28. anees aslam
    Thread

    CT8 past papers

    Hi, any of you know where to get the past papers before 2010 and how do you practice for CT6 topics that are now part of cm2? Thanks, Anees
    Thread by: anees aslam, Dec 19, 2019, 1 replies, in forum: CM2
  29. Anu Joshi
    Thread

    Is CM2 the toughest?

    Hello, I'm currently studying for CM2. Is CM2 the toughest of all the CT papers . Having done the other ct papers . So far , I found that CS2 was...
    Thread by: Anu Joshi, Nov 4, 2019, 10 replies, in forum: CM2
  30. Arbitrage1234
    Thread

    CM2 April 19 Results

    Gutted to find out that I failed the last sitting of CM2. The pass rate was c30%, with examiners keeping the past mark at 60. Perhaps this is the...
    Thread by: Arbitrage1234, Jul 3, 2019, 12 replies, in forum: CM2
  31. pmullan1
    Thread

    CM2 Paper B Likely Topics

    Has anyone any throughts on the most likely topics to come up on this paper. Given its nature some chapters and concepts will naturally work...
    Thread by: pmullan1, Feb 19, 2019, 1 replies, in forum: CM2
  32. pmullan1
    Thread

    Chapter 5 - Stochastic Models of Investment Returns

    Hi Guys I have been working through the revision booklet for Chapter 5 (Stochastic Models of Investment Returns) and there are a wide variety of...
    Thread by: pmullan1, Feb 19, 2019, 1 replies, in forum: CM2
  33. Miraj
    Thread

    Any advice?

    Hi, I'm planning on sitting CM1 in April 2019 and I want to sit another paper alongside it but I can't decide between CM2 and CS2, (I have...
    Thread by: Miraj, Sep 26, 2018, 15 replies, in forum: CM1
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