Frm exam 1 Study guides, Class notes & Summaries
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FRM Exam 1 2023 with 100% correct answers
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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...
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FRM Exam 1 Complete Questions And Solutions
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FRM Exam 1 Complete Questions And Solutions
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FRM Exam 1 Questions and Answers 2023
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FRM Exam 1
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FRM Exam 1 Question and Answers 2023
- Exam (elaborations) • 21 pages • 2023
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FRM Exam 1
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FRM exam 1 2023 with 100% correct answers
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banks 
for profit, more services, higher fees, lower interest rates 
 
 
 
credit unions 
non profit, higher interest rates, lower fees, shareholders (membership) 
 
 
 
sunk cost 
already lost it 
 
 
 
resource theory 
people try to meet their needs in the context of social interaction 
 
 
 
6 types of resource theory 
love, status, information, money, good, and services 
 
 
 
fixed expense 
set cost; same amount aka rent 
 
 
 
variable expense 
change; gas, groceries 
 
 
 
types of saving...
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FRM exam 1 Questions And Complete Solutions
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FRM exam 1 Questions And Complete Solutions
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FRM- exam 1 Questions And Complete Solutions
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FRM- exam 1 Questions And Complete Solutions
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PCE Certified Breastfeeding Counselor Exam 2024/2025 Questions and 100%Verified Answers.
- Exam (elaborations) • 12 pages • 2024
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PCE Certified Breastfeeding Counselor Exam 2024/2025 Questions and 100%Verified Answers. 
Different stages of breast development 
- Embryogenesis 
- Mammogensis 
- Lactogenesis 1 
- Lactogenesis 2 
- Lactogenesis 3 - ANSWER Embryogenesis: mammary gland devo while 5 wk 
embryo 
Mammogenesis: @ puberty, estrogen influences growth of ducts and buds 
Lactogenesis 1: completion of mammary development from placenta stimulation; 
ducts stimulated + colostrum secretion at 16 wks 
Lactogenesis 2: Secret...
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PCE Certified Breastfeeding Counselor Exam 2024/2025 Questions and 100%Verified Answers.
- Exam (elaborations) • 12 pages • 2024
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PCE Certified Breastfeeding Counselor Exam 2024/2025 Questions and 100%Verified Answers. 
Different stages of breast development 
- Embryogenesis 
- Mammogensis 
- Lactogenesis 1 
- Lactogenesis 2 
- Lactogenesis 3 - ANSWER Embryogenesis: mammary gland devo while 5 wk 
embryo 
Mammogenesis: @ puberty, estrogen influences growth of ducts and buds 
Lactogenesis 1: completion of mammary development from placenta stimulation; 
ducts stimulated + colostrum secretion at 16 wks 
Lactogenesis 2: Secret...
-
FRM- exam 1 Questions and Answers 100% Verified 2023
- Exam (elaborations) • 12 pages • 2023
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Available in package deal
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FRM- exam 1