Most Recent PRMIA 8007 Exam Dumps

Prepare for the PRMIA Mathematical Foundations of Risk Measurement – 2015 Edition 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 8007 exam and achieve success.

The questions for 8007 were last updated on Apr 1, 2025.

Viewing page 1 out of 26 pages.
Viewing questions 1-5 out of 132 questions

Get All 132 Questions & Answers

Question No. 1

Which of the following can be used to evaluate a regression model?

(i) Magnitude of R2

(ii) Magnitude of TSS (total sum of squares)

(iii) Tests for statistical significance

(iv) Sign and magnitude of each regression parameter

A(i) and (iv)

B(i), (ii), and (iii)

C(i), (iii), and (iv)

D(i), (ii), (iii), and (iv)

Show Answer

Correct Answer: C

Question No. 2

Suppose I trade an option and I wish to hedge that option for delta and veg

a. Another option is available to trade. To complete the hedge I would

Atrade the underlying in such a way as to make the portfolio delta and vega neutral.

Btrade the other option in such a way as to make the portfolio delta and vega neutral.

Ctrade the other option in such a way as to make the portfolio vega neutral, and then trade the underlying in such a way as to make the portfolio delta neutral.

Dtrade the underlying in such a way as to make the portfolio delta neutral, and then trade the other option in such a way as to make the portfolio vega neutral.

Show Answer

Correct Answer: C

Question No. 3

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

A0.5

Show Answer

Correct Answer: B

Question No. 4

In a quadratic Taylor approximation, a function is approximated by:

Aa constant

Ba straight line

Ca parabola

Da cubic polynomial

Show Answer

Correct Answer: C

Question No. 5

The sum of the infinite series 1+1/2+1/3+1/4+1/5+.... equals:

A12

BInfinity

C128

D20

Show Answer

Correct Answer: B

Unlock All Questions for PRMIA 8007 Exam

Full Exam Access, Actual Exam Questions, Validated Answers, Anytime Anywhere, No Download Limits, No Practice Limits

Get All 132 Questions & Answers