2015 CFA level 1 study notebook1

... interpret its break-points explain and demonstrate the correct treatment of flotation costs 11 .35.f 11 .36.a 11 .36.b 11 .36.c 11 .36.d 11 .36.e 11 .36.f 11 .36.g 11 .36.h 11 .36.i 11 .36.j 11 .36.k 11 .36.l describe ... the effect on shareholders’ wealth, all else being equal 11 .37.a 11 .37.b 11 .37.c 11 .37.d 11 .37.e 11 .38.a 11 .38.b 11 .38.c 11 .38.d 11 .38.e 11 .38.f define and explain leverage, business risk, sales ... consider when evaluating the qualifications of board members 11 .39.a 11 .39.b 11 .39.c 11 .39.d 11 .39.e 11 .39.f 11 .39.g 11 .40.a 11 .40.b 11 .40.c 11 .40.d describe primary and secondary sources of liquidity...

... 2001 Level I CFA Study Guide Copyright (2000), CFA Institute, Charlottesville, VA All rights reserved Reprinted with permission from the 2002 Level I CFA Study Guide Copyright (2001), CFA Institute, ... 2004 Level I CFA Study Guide Copyright (2003), CFA Institute, Charlottesville, VA All rights reserved Reprinted with permission from the 2005 Level I CFA Study Guide Copyright (2004), CFA Institute, ... permission from the 1994 Level I CFA Study Guide Copyright (1994), CFA Institute, Charlottesville, VA All rights reserved Reprinted with permission from the 1995 Level I CFA Study Guide Copyright...

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... 11 5 - 28 535 If a stock has a beta of 1. 0 and the risk free rate is percent, what return would you expect when the market return is 12 percent? A) 13 .2% B) 14 .4% C) 12 .0% D) 15 .2% Question: 11 6 ... C) - 1. 50 D) + 1. 50 Question: 11 1 - 28529 Which one of the following portfolios does not lie on the efficient frontier? Portfolio Expected Return Standard Deviation A B 12 C 11 10 D 15 15 A) ... - 18 minutes Question: 10 9 - 11 168 If the real rate of interest was percent and the inflation expectation was percent what is the nominal rate of interest? A) 10 .55% B) 11 .00% C) 12 .35 % D) 7 .12 %...