cfa level 1 2013 practice exam download

... 18 2 2 91 322 329 334 SCHWESERNOTES™ 2 013 CPA LEVEL I BOOK 3: FINANCIAL REPORTING AND ANALYSIS ©20 12 Kaplan, Inc All rights reserved Published in 20 12 by Kaplan Schweser ... property of CFA Institute The following is the copyright disclosure for these materials: "Copyright, 2 012 , CFA Institute Reproduced and republished from 2 013 Learning Outcome Statements, Level I, ... readings as set forth by CFA Institute in their 2 013 CFA Level I Study Guide The information contained in these Notes covers topics contained in the readings referenced by CFA Institute and is believed...

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2013 CFA Level 1 - Book 4

Danh mục: Tài chính doanh nghiệp

... NPVA = -2,000+ NPVs = _2,000+ 1, 000 + 800 + 600 + 200 (1. 1 )1 (1. 1)2 (1. 1)3 (1. 1)4 200 + 600 + 800 + 1, 200 (1. 1 )1 (1. 1)2 (1. 1)3 (1. 1)4 = $ 57.64 = $98.36 Both Project A and Project B have positive ... 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, 200 (1 1) 049 Decision: If projects A and B are independent, ... E), is 21( 2 + 1) = 213 , and the weight for equity, EI(D + E), is 1( 2 + 1) = 13 The appropriate WACC for the project is therefore: - (1 1.762%) +- (14 % ) (1 - 0.4) = 9.52% 3 Page 44 ©2 012 Kaplan,...

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2013 CFA Level 1 - Book 5

Danh mục: Tài chính doanh nghiệp

... value A 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. 0 215 625 X $10 0,000 $10 2 ,1 56.25 32 + ... Income, STUDY SESSION 16 Reading Assignments CFA Program 2 013 Curriculum, Volume (CFA Institute, 2 012 )56 Introduction to the Valuation of Debt Securities page 87 page 10 1 57.58 Yield Measures,to ... Interest page 13 4 page 15 7 59 Fundamentals of Credit Analysis Equity and Fixed Income, STUDY SESSION 17 Reading Assignments CFA Program 2 013 Curriculum, Volume (CFA6 0.Institute, 2 012 ) page Deri...

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2013 CFA Level 1 - Book 2

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... lower price $5 10 Figure 10 : Auction Bids for Treasury Bills Discount Rate (%) Face Value ($ billions} Cumulative Face Value ($ billions} 0 .10 81 3 10 90 12 15 10 98 23 1 04 28 1 36 1 24 43 $35 Because ... is: 0o gas = 10 7,500 - 12 ,500Pgas + 20 01 + 1, 200P8T - IOOPauto Inserting the values given, we have: Qo gas = 10 7,500 - 12 ,500Pgas + 200 50 + 1, 200 20 - 10 0 30 Qogas = 13 8,500 - 12 ,500Pgas X X ... gallon as 13 8,500 = 10 1,000 Substituting P0, 10 1,as:000 for �' and -12 ,500 for (�;) , we12,500(3) can calculate the price elasticity 3offordemand o/o�Q ( ) ( -12 ,500) -0.37 -o/o�P 10 1,000 For...

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Tài liệu Hướng dẫn ôn thi CFA Level 1 2010 Phần 10 doc

Danh mục: Tài chính doanh nghiệp

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Tài liệu Hướng dẫn ôn thi CFA Level 1 2010 Phần 7 pptx

Danh mục: Tài chính doanh nghiệp

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Tài liệu Hướng dẫn ôn thi CFA Level 1 2010 Phần 8 ppt

Danh mục: Tài chính doanh nghiệp

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Tài liệu Đề thi CFA Level 1 Buổi sáng Phần 3 docx

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... 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 % ... 6.375 percent? A) $10 00.00 B) $11 21. 23 C) $10 70.09 D) $ 912 .34 Question: 99 - 29380 What is the yield to call on a bond that has an percent coupon paid annually, $10 00 face value, 10 years to maturity...

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Tài liệu Đề thi CFA Level 1 Buổi sáng Phần 4 doc

Danh mục: Tài chính doanh nghiệp

... or 0.20% or up 20 basis points 96) C 985 = 35 /1. 05 + 10 35/ (1 + r)2 985 - 33.33 = 10 35/ (1 + r)2 (1 + r)2 = 10 35/9 51. 67 = 1. 0876 1/ 2 r = (1. 0876) 1 r = 4.3%, note this rate is on a semi annual ... > 11 0) B Covariance = (1/ n)(S (RX –ERX)(RY – ERY)) mean X = (7+9 +10 +10 )/4 = 9; mean Y = (5+8 +11 +8)/4 = Cov = [(7-9)(5-8)+(9-9)(8-8)+ (10 -9) (11 -8)+ (10 -9)(8-8)] / = 2.25 11 1) A Portfolio B has a ... (.20)(.20) + (.50)( .15 ) + (.30)( .10 ) = 14 5 var = (.2)(.20- .14 5)2 + (.5)( .15 - .14 5)2 + (.3)( .1- .14 5)2 var = 000605 + 000 012 5 + 0006075 = 0 012 25 standard deviation = square root of 0.0 012 25 = 035 or 3.5%...

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Tài liệu Đáp án Đề thi CFA level 1 2010 Buổi sáng (1) pdf

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... mean is (2.3% + -5 .1% + 7.6% + 8.2% + 9 .1% + 9.8%) /6 = 4.55% The geometric mean return is ( [1 + -2.3%]* [1 + -5 .1% ]* [1 + 7.6%]* [1 + 8.2%]* [1+ 9 .1% ]* [1+ 9.8%] )1/ 6 – = 4.38% 28 A 18 2-day U.S Treasury ... 27.5 = 0 .18 1 818 Average price is (20 + 15 ) / = 17 .5 and the percentage change in price is / 17 .5 = 0.285 714 The elasticity of supply is 0 .18 1 818 / 0.285 714 = 0.636364 By accessing this mock exam, ... Greuning, CFA, R Elaine Henry, CFA and Michael A Broihahn, CFA 2 010 Modular Level 1, Vol 3, pp 342-344 “Financial Statement Analysis”, Pamela P Peterson, CFA 2 010 Modular Level 1, Vol 4, pp .14 2 -14 6...