2013 CFA Level 1 - Book 2

... 18 2 2 91 32 2 32 9 33 4 SCHWESERNOTES™ 2 0 13 CPA LEVEL I BOOK 3: FINANCIAL REPORTING AND ANALYSIS ©20 12 Kaplan, Inc All rights reserved Published in 20 12 by Kaplan Schweser ... by Kaplan Schweser Printed in the United States of America ISBN: 978 -1 -4 27 7-4 26 7-4 I 1- 427 7-4 26 7-7 PPN: 32 0 0-2 846 If this book does not have the hologram with the Kap...

Ngày tải lên: 06/10/2015, 11:56

... NCF -2 ,000 910 6 61 4 51 137 Cumulative DNCF -2 ,000 -1 ,090 -4 29 22 15 9 Net Cash Flow -2 ,000 200 600 800 1, 200 Discounted NCF -2 ,000 82 49 6 6 01 820 Cumulative DNCF -2 ,000 - ,8 - ,322 -7 21 99 Answer: ... flows8 = PI B = $2,098.36 $2,000 = 200 (1 1) + = $2 ,15 7. 64 + + + -4 = $2,098.36 600 (1. 1) 600 (1 1)3 + 200 (1 1) 800 (1 1) 1, 2...

Ngày tải lên: 06/10/2015, 11:56

... quote of 10 2 -5 (sometimes 10 2 :5) is 10 2% plus 1. _ % of par, which for a $10 0,000 face value T-bond, translates to a price of: [10 2 ;2 ] o/o $10 0,000 1. 0 2 15 6 25 X $10 0,000 $10 2 ,1 56 . 25 32 + X = ... Figure Price-Yield Curves for Callable and Noncallable Bonds Pr ice call pnce 3: call op rion value � j t - ��: :- - - - - - - - T - -...

Ngày tải lên: 06/10/2015, 11:57

... elasticity = -1 . 0 - - - - � - - - - � - - - - � - - - - - - - - - - - � - - - - ' I I I I I I I I I I I I I I I I I I I I - - - - r - - - - r - - - - r - - - - ,- - - - -, - - - - , - - - - - - T I ... U(C) ] Figure 2:...

Ngày tải lên: 06/10/2015, 12:00

... INVESTMENTS LEVEL 20 i12hed ina20 1I2nc.byAlKaplir gan Schweser Kapl n, res Publntesd in the United States of America Pri 97 8-1 - 427 7- 424 5 -2 I 1- 427 7- 424 5-6 ISBN: 32 0 0 -2 8 51 PPN: If this book does ... debt-to-equity ratio of2 to , there is 2/ 3 66.7% debt and 1 /3 33. 3% equity Then, W ACC 0.667 x ( - 0 .3) x 8o/o + 0 .33 3 x 0o/o 7.07% = risk-free...

Ngày tải lên: 20/12/2013, 10:13

... forward price $0.30 = $0 .29 92 0 52 0 / 3 65 FP = ($30.00 - $0 .29 92) x 05 6013 65 = $29 .94 PVD = B V(long posmon) = $21 .00 0 V(short position) = + $8. 85 [ ] $29 .94 = - $8. 85 1. 05 23 13 65 C The actual (unannualized) ... by Kaplan Schweser Printed in the United States of America ISBN: 97 8-1 - 427 7- 426 1 -2 I 1- 427 7- 426 1-8 PPN: 320 0 -2 8 53 I...

Ngày tải lên: 20/12/2013, 10:16

... by Kaplan Schweser Printed in the United States of America ISBN: 97 8-1 - 42 7 7- 42 4 9-0 I 1- 42 7 7- 42 4 9-9 PPN: 320 0 -2 8 52 If this book does not have the hologram with the Kaplan Schweser logo on the ... + 720 ,000 -4 50,000 +27 0,000 $9, 540 ,000 40 ,000 $23 8.50 30,000 $4, 500,000 -9 0,000 $8,000,000 +40 0,000 +45 0,000 +40 5,000 5 ,26 5,000 20 ,000 $26...

Ngày tải lên: 20/12/2013, 10:19

... 3, Level II (CFA Institute, 20 12) 25 Capital Budgeting 26 Capital Structure 27 Dividends and Share Repurchases: Analysis Corporate Finance, 20 12 Kaplan, Inc page 22 6 page 27 3 page 29 2 Page Book ... 22 6 318 387 391 396 SCHWESERNOTES™ 20 13 CFA LEVEL II BOOK 2: FINANCIAL REPORTING AND ANALYSIS AND CORPORATE FINANCE 20 12 Kaplan, Inc All rights reserved Published...

Ngày tải lên: 20/12/2013, 10:23

Ngày tải lên: 14/12/2013, 10:15