Greeks

[makros5]

Can somebody please tell me, how important the greeks are in MFE exam. What kind of questions we can expect?

Thanks in advance

[zmkramer]

Can somebody please tell me, how important the greeks are in MFE exam. What kind of questions we can expect?

Thanks in advance

Well it depends how difficult the question might be. I think you would want to focus on the greeks and how they are used in hedging, market maker calculations, and the black scholes equation.

You might have to solve partial differentials with respect to the variable in question like in one of the sample problems on the soa site.