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Most Recent PRMIA 8002 Exam Dumps

 

Prepare for the PRMIA Mathematical Foundations of Risk Measurement :II exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the PRMIA 8002 exam and achieve success.

The questions for 8002 were last updated on Mar 28, 2025.
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Question No. 1

Consider two securities X and Y with the following 5 annual returns:

X: +10%, +3%, -2%, +3%, +5%

Y: +7%, -2%, +3%, -5%, +10%

In this case the sample covariance between the two time series can be calculated as:

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Correct Answer: B

Question No. 2

Evaluate the derivative of exp(x2 + 2x + 1) at the point x = -1

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Correct Answer: B

Question No. 3

A biased coin has a probability of getting heads equal to 0.3. If the coin is tossed 4 times, what is the probability of getting heads at least two times?

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Correct Answer: B

Question No. 4

Find the roots, if they exist in the real numbers, of the quadratic equation

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Correct Answer: D

Question No. 5

Suppose I trade an option and I wish to hedge that option for delta and vega. Another option is available to trade. To complete the hedge I would

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Correct Answer: C

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