Frm exam - Study guides, Class notes & Summaries

FRM Exam 1 Complete Questions And Solutions

Shortcomings of risk metrics -May not scale over time -Historical data may be meaningless -Not designed to account for catastrophes -VaR says nothing about losses in excess of VaR -May not handle sudden illiquidity Importance of communication for risk managers Need to assess risk and tell management so they can determine which risks to take on Ways firms can fail to account for risks -Firm may ignore known risk -Somebody in firm may know about risk, but it's not captured b...

FRM Exam 1

Frm exam 3 Questions And Correct Solutions

FRM Exam 1

FRM Exam 2 Questions And Complete Solutions

FRM EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS

1. 2. 3. 4. A risk manager is deciding between buying a futures contract on an exchange and buying a forward contract directly from a counterparty on the same underlying asset. Both contracts would have the same maturity and delivery specifications. The manager finds that the futures price is less than the forward price. Assuming no arbitrage opportunity exists, what single factor acting alone would be a realistic explanation for this price difference? a. The futures contract i...

FRM Exam 1 with 100% Correct Answers 2023

FRM Part 1 – FRM Exam With Correct Questions And Answers 2024