Sponsored Ads
D.W. Simpson
Worldwide Actuarial Recruitment
Life Health Pension Casualty US Asia Australia Europe Salary Apply
Ezra Penland Actuarial Recruiters
Top Actuary Jobs
Salary Surveys Apply Bios Casualty Health Life Pension
Pauline Reimer, ASA, MAAA
Pryor Associates
Actuarial Openings: Life, P&C, Health, Pensions, Finance
Advertise Here
Contact us at actuary@actuary.com or 770-425-8576
Reach top actuarial professionals

Page 1 of 10 123 ... LastLast
Results 1 to 10 of 97

Thread: Free Study Guide for Exam MFE - Original Problems and Solutions on Put-Call Parity

  1. #1
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Free Study Guide for Exam MFE - Original Problems and Solutions on Put-Call Parity

    Greetings.

    I am beginning to put together a free online study guide for anybody preparing for Exam MFE. The purpose of this study guide is to give students a large number of introductory and intermediate-level problems for each concept so that, through practice, the concepts become firmly embedded in students' memories, thereby enabling them to tackle the more advanced problems.

    So far, only the first section of the study guide is available, with five original problems regarding put-call parity. Solutions are provided after each problem. I would advise you to work out the problems individually and then compare your work to the given solutions.

    This is the index page for the study guide, where new sections will be posted as they appear: http://rationalargumentator.com/actu...uaryguide.html

    This is the page on put-call parity: http://www.'''''''''''''''''.com/art...es_sample.html

    Questions and discussion are welcome. Continual immersion in practice problems has helped me get a 10 on Exam P and to pass Exam FM (I do not yet know my grade on said exam, but I will announce it when I find out). I believe that my method can assist other actuarial students as well, at least insofar as it supplements and amplifies their existing preparation.

    Sincerely,
    G. Stolyarov II

  2. #2
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Section 2 of Free Study Guide - Parity of Stock Options

    Greetings.

    Section 2 has been added to the Actuary's Free Study Guide for Exam 3F / Exam MFE: http://rationalargumentator.com/actu...uaryguide.html

    This section covers parity of options on stocks and has five original practice problems and solutions:

    http://www.'''''''''''''''''.com/art..._practice.html

    The purpose of doing these problems is to become fluent with the formulas and to internalize them as well as discern the possibilities for their application. Gradually but thoroughly, this guide intends to cover all the topics necessary for the exam and to create sufficient opportunities for students to apply themselves to these topics.

    Sincerely,
    Gennady Stolyarov II

  3. #3
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Section 3 of Free Study Guide - Conversions and Reverse Conversions

    Greetings.

    The Actuary's Free Study Guide for Exam 3F / Exam MFE has been updated. Section 3 on conversions and reverse conversions has been added. It includes three conceptual questions and two practice problems that apply the concepts and tie them to put-call parity.

    This section can be accessed at
    http://www.'''''''''''''''''.com/art...nversions.html

    All the sections of the study guide can be found here:
    http://rationalargumentator.com/actu...uaryguide.html

    Sincerely,
    G. Stolyarov II

  4. #4
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Section 4 of Free Study Guide for Exam 3F / Exam MFE

    Greetings.

    The Actuary's Free Study Guide for Exam 3F / Exam MFE has been updated. Section 4 on put-call parity for options on currencies has been added. It includes five practice problems and solutions.

    This section can be accessed at
    http://www.'''''''''''''''''.com/art..._practice.html

    All the sections of the study guide can be found here:
    http://rationalargumentator.com/actu...uaryguide.html

    Sincerely,
    G. Stolyarov II

  5. #5
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Section 5 of Free Study Guide for Exam 3F / Exam MFE

    Greetings.

    The Actuary's Free Study Guide for Exam 3F / Exam MFE has been updated. Section 5 on put-call parity for options on bonds has been added. It includes five practice problems and solutions.

    This section can be accessed at
    http://www.'''''''''''''''''.com/art..._practice.html

    All the sections of the study guide can be found here:
    http://rationalargumentator.com/actu...uaryguide.html

    The first five sections of this study guide cover the equivalent of Section 9.1. in McDonald's Derivatives Markets. They are a good way to get practice with all the formulas and concepts that are introduced there. Naturally, the next sections will be devoted to the material in Section 9.2.

    Sincerely,
    G. Stolyarov II

  6. #6
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Section 6 of Free Study Guide for Exam 3F / Exam MFE

    Greetings.

    The Actuary's Free Study Guide for Exam 3F / Exam MFE has been updated. Section 6 on generalized put-call parity has been added. It includes five practice problems and solutions.

    This section can be accessed at
    http://www.'''''''''''''''''.com/art..._practice.html

    All the sections of the study guide can be found here:
    http://rationalargumentator.com/actu...uaryguide.html

    Get ready to work with some options involving hippopotami, ostriches, and superwidgets (among other things). :-)

    Sincerely,
    G. Stolyarov II

  7. #7
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Section 7 of Free Study Guide for Exam 3F / Exam MFE

    Greetings.

    The Actuary's Free Study Guide for Exam 3F / Exam MFE has been updated. Section 7 on the classification of puts and calls has been added. It includes five practice problems and solutions.

    This section can be accessed at
    http://www.'''''''''''''''''.com/art..._practice.html

    All the sections of the study guide can be found here:
    http://rationalargumentator.com/actu...uaryguide.html

    With this section, the guide covers material through Section 9.2 of McDonald's Derivatives Markets. A lot more is to come.

    By the way, I recently found out that I received a score of 9 out of 10 on November's Exam FM; this likely corresponds to 27 or 28 correct answers out of 30. I know that I carelessly missed a sign on one of the questions, and I probably made an undetected mistake in one or two other places as well. You will also be able to find out my Exam MFE grade once I have completed the exam; I will try to make that grade a 9 or 10 as well.

    Sincerely,
    G. Stolyarov II

  8. #8
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Section 8 of The Actuary's Free Study Guide for Exam 3F / Exam MFE

    Greetings.

    The Actuary's Free Study Guide for Exam 3F / Exam MFE has been updated. Section 8 on maximum and minimum option prices has been added. It includes five practice problems and solutions.

    This section can be accessed at
    http://www.'''''''''''''''''.com/art..._practice.html

    All the sections of the study guide can be found here:
    http://rationalargumentator.com/actu...uaryguide.html

    Sincerely,
    G. Stolyarov II

  9. #9
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Post Section 9 of Free Study Guide for Exam 3F / Exam MFE

    Greetings.

    The Actuary's Free Study Guide for Exam 3F / Exam MFE has been updated. Section 9 on the possibility of early exercise of American call and put options has been added. It includes five practice problems and solutions.

    This section can be accessed at
    http://www.'''''''''''''''''.com/art...n_options.html

    All the sections of the study guide can be found here:
    http://rationalargumentator.com/actu...uaryguide.html

    Sincerely,
    G. Stolyarov II

  10. #10
    Actuary.com - Level IV Poster
    Join Date
    Feb 2008
    Location
    NV
    Posts
    498

    Post Section 10 of Free Study Guide for Exam 3F / Exam MFE

    Greetings.

    The Actuary's Free Study Guide for Exam 3F / Exam MFE has been updated. Section 10 on the relationship between American and European option prices and time to expiration has been added. It includes five practice problems and solutions.

    This section can be accessed at
    http://www.'''''''''''''''''.com/art...xpiration.html

    All the sections of the study guide can be found here:
    http://rationalargumentator.com/actu...uaryguide.html

    Sincerely,
    G. Stolyarov II

Page 1 of 10 123 ... LastLast

Thread Information

Users Browsing this Thread

There are currently 2 users browsing this thread. (0 members and 2 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •