cfa level 1 2015 books free download

... 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 expected relations ... 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 ... portfolio standard deviation 11 .40.e 11 .40.f 11 .40.g 12 . 41. a 12 . 41. b 12 . 41. c 12 . 41. d 12 . 41. e 12 .42.a 12 .42.b 12 .42.c 12 .42.d 12 .42.e describe responsibilities

Ngày tải lên: 06/06/2015, 16:02

... into fifths into tenths Percentile (10 0) Statistical Concepts and Market Rerurns - CFA Mind Maps Level - 2 016 - Copyright by WAY TO FINANCE SUCCESS Ly =(n +1) x y /10 0 WAY TO FINANCE SUCCESS - Website: ... potential employees 2 .1 Standard I PROFESSIONALISM - CFA Mind Maps Level - 2 016 - Copyright by WAY TO FINANCE SUCCESS WAY TO FINANCE SUCCESS - Website: http://waytofinancesuccess.com a1 Why were the ... Conflict of interest Responsibilities as a CFA Institute member or CFA Candidate Code Of Ethics And Standards Of Professional Conduct - CFA Mind Maps Level - 2 016 - Copyright by WAY TO FINANCE SUCCESS

Ngày tải lên: 28/03/2018, 16:43

... = [ (1+ rt ,1) ì (1+ rt,2)ì (1+ rt,n)] -1 Annualized TWR (when investment is for more than one year) ^ = _ + D O1 + D` … + + D3 Pbc _1 • TWR (for the year) = rTWR = [ (1+ R1)× (1+ R2)×… (1+ R365)] -1 where ... the distribution | XXXX 10 Weighted Mean = ‰ Š = ∑„HZ „ ‰„ = (w1X1+ w2X2+….+ wnXn) where X1, X2… Xn = observed values and w1, w2… wn = corresponding weights, sum to 11 Geometric Mean = GM = c‹‰ ... Volume 1: Quantitative Methods Formula Sheet Level I 2 015 FinQuiz Formula Sheet Volume 1: Quantitative Methods Reading 5: The Time Value of Money Interest Rate • Interest Rate = Real Risk Free

Ngày tải lên: 28/03/2018, 16:44

... targeting 19 0 expansion 15 7 expansionary fiscal policy 13 8 expansionary monetary policy 13 7, 17 9, 19 1 expected inflation 16 9 expenditure approach 12 7 exports 210 export subsidies 217 , 218 external ... banking 18 1 free rider problem 25 free trade 210 frictional unemployment 16 2 full-employment GDP 13 6 G GDP deflator 12 8 general equilibrium analysis 16 I impact lag 19 8 imports 210 income approach 12 7 ... Herfindahl-Hirschman Index 11 6 human capital 14 5 hyperinflation 16 4 excess capacity 10 2 excess demand 15 excess reserves 18 1 excess supply exchange rate regimes 239 exchange rates 13 8, 13 9, 2 31 exchange rate

Ngày tải lên: 28/03/2018, 17:02

... effective annual rate is (1 + 0.06 / 4)4 = 1. 015 4 — = 6 .13 6% and a $1, 000 investment will return $1, 000 (1. 0 613 6) = $1, 0 61. 36 at the end of one year ©2 014 Kaplan, Inc Page 2 41 PRINTED BY: Stephanie ... properties 10 B Management fee is ? ?15 5 million x 0.02 = £3 .1 million Incentive fee is (? ?15 5 million - ? ?15 0 million) x 0.20 = ? ?1. 0 million Total fee is £3 .1 million 11 A + ? ?1. 0 million = £4 .1 million ... Analysis page 10 3 page 13 3 STUDY SESSION 17 Reading Assignments Derivatives and Alternative Investments, CFA Program Level I 2 015 Curriculum, Volume (CFA Institute, 2 014 ) page 16 5 57 Derivative

Ngày tải lên: 28/03/2018, 17:03

... −5 / 47.5 = -0 .10 5 or -10 .5%. The percent change in price is = (1, 200 − 1, 000) / [ (1, 000 + 1, 200) / 2] = 200 / 1, 100 = 0 .18 18 or 18 .2% . The price elasticity of demand is -10 .5 / 18 .2 = - 0.58. ... elasticity of 1. 01 http://localhost:20 511 /online_program/test_engine/printable_answers.php 24/05/2 010 Printable Exams Page 13 of 44 B) luxury good with income elasticity of 1. 18 C) normal ... elasticity of 1. 18 % change in computers demanded = ( 0.57- 0.42) / 0.495 = 30.30% % change in income = ($53,000 - $ 41, 000) / $47,000 = 25.53% 30.30% / 25.53% = 1. 18 1. 18 > 1 so Tskitishvili

Ngày tải lên: 06/06/2015, 16:36

... Portfolios 2 010 8.4 10 .2 0.7 1, 834 2 ,12 5 18 ,222 10 0 2009 21. 1 21. 1 1. 1 1, 730 2 ,13 0 17 ,635 10 0 2008 –39.7 –39.8 1. 0 1, 6 31 2 ,14 1 19 ,246 10 0 2007 1. 4 6.2 1. 2 1, 532 2 ,12 7 14 , 819 10 0 2006 11 .4 10 .5 0.9 1, 428 ... 0.9 1, 428 2 ,11 6 12 ,362 10 0 2005 1. 0 4.3 0.8 68 1, 115 12 ,0 51 2004 6.8 4.9 1. 0 52 1, 110 13 , 419 2003 23.9 27.0 1. 1 46 990 10 , 612 2002 –24.4 ? ?19 .1 0.9 38 975 9,422 20 01 ? ?17 .7 ? ?12 .8 0.8 41 870 8,632 ... 17 5.0 38.5 64.2 2002 82.3 1. 0 17 5.0 78.8 52.5 2003 12 9.5 29.9 17 5.0 10 5.0 58.3 2004 14 3.5 42.3 17 5.0 12 0.8 41. 6 2005 15 7.5 97.0 17 5.0 11 9.0 37.8 2006 16 6.2 12 9.3 17 5.0 11 2.0 31. 1 2007 17 1.5 18 4.7

Ngày tải lên: 24/05/2016, 19:33

... Growth 18 Undersranding Bwincss Cydcs 19 Monetary and Fiscal Policy page 12 4 page 15 5 page 17 7 , STUDY SESSION Reading ~signmenu uonom;t:f CFA Program Level I 2 014 Curriculum Volume (CFA Institute, ... ~signmenu uonom;t:f CFA Program Level I 2 014 Curriculum Volume (CFA Institute, 2 013 ) 13 Demand and Supply An:a.lysis:Introduction 14 Demand and Supply An:a.lysis:Consumer Demand 15 Demand and Supply ... moncy 17 8 Nash equilibrium 10 4 national income 12 8 nawn! monopoly 93 II natusa! rate of unemploymrnt 16 7 natural nosourcos 14 4 Neoclassical school 15 9 ner rxporu 12 7.208 New Classical school 16 0

Ngày tải lên: 28/03/2018, 16:50

... Index * * » ©2 013 Kaplan, Inc 11 46 93 15 7 17 1 18 9 220 245 259 266 280 Page m % \ _> SCHWESERS SECRET SAUCEđ: 2 014 CFA LEVEL I â2 013 Kaplan, Inc All rights reserved Published in 2 013 by Kaplan ... 9, & 10 Corporate Finance: SS 11 Portfolio Management: SS 12 Securities Markets and Equity Investments: SS 13 & 14 Fixed Income: SS 15 & 16 Derivatives: SS 17 Alternative Investments: SS 18 Essential ... Li if w , V i i * $ _ÿ **ÿ 1 it 1m Schweser’s Secret Sauce for the CFA? ? Exam & ,i.6 i Level I \ KAPLAN W UNIVERSITY ( SCHOOL OF PROFESSIONAL AND CONTINUING EDUCATION LEVEL I SCHWESER’S SECRET

Ngày tải lên: 16/08/2018, 14:33

... Too Clean Cuts Chapter 10 - In the Facets of a Wondrous Gem Part - Legacy Chapter 11 - Family Business Chapter 12 - The Truth be Known Chapter 13 - Broken Vows Chapter 14 - Overmatched Part - ... Chapter 15 - The Play’s the Thing Chapter 16 - Drawing Lines Chapter 17 - Friendly Burden Chapter 18 - Common Danger Chapter 19 - Sacrifice Part - End Game Chapter 20 - Suddenly Chapter 21 - Mountain ... Science Degree in Communications in 19 81, then returned for the degree he always cherished, the Bachelor of Arts in English He began writing seriously in 19 82, penning the manuscript that would

Ngày tải lên: 25/03/2019, 09:05

... *Set value of the 1- year bond equal to present value of the cash flows with the 1- year spot rate divided by two as the only unknown *Solve for 1- year spot rate *Use 6-month and 1- year spot rates ... CFA Level Complete 1, 905 terms mccauley04 Try diagrams on Quizlet! See what you're learning in a whole new ... rates and equate the present value of the cash flows of the 1. 5-year bond to its price, with 1. 5-year bond as the only unknown *Solve for 1. 5-year bond Nominal Spread The difference between a bond's

Ngày tải lên: 14/06/2019, 16:03

... outstanding)+(days on inventory on hand)-(number of days of payables) SOLVENCY RATIOS 11 4 11 5 11 6 11 7 11 8 11 9 Debt to equity ratio= (Total debt) (Total Shareholders Equity) Debt To Capital= (Total ... period DDM, D1 D2 P2 + + ( (1+ ke) ) (1+ ke)2 ( (1+ ke)2) Value= Multi-stage dividend discount model: Dn D1/ D2 Pn + + + Value= (1+ ke) ) (1+ ke)2 ( (1+ ke)n ) ( (1+ ke)n) Pn= 16 9 (Dn +1) (Ke-gc) Free cash ... Extension: + 91 8588 816 146 HYDERABAD Kukatpally: + 91 7032227363 | Somajiguda: + 91 9908 414 4 41 INDORE Khajrana Road: + 91 9893052856 KOLKATA Kasba: + 91 7044596736 | Kankurgachi: + 91 94 310 0 910 8 Shakespeare

Ngày tải lên: 14/06/2019, 16:57

... 10 ) + (0.25 x 16 ) + (0 .10 x 20) = 11 .8% The expected standard deviation is calculated as follows: σ2 = 0.35 x (8 - 11 .8)2 + 0.30 x (10 - 11 .8)2 + 0.25 x (15 - 11 .8)2 + 0 .10 x (20 - 11 .8)2 = 15 . 31 ... 50 bp decrease A 10 2.00 10 1.04 10 2.97 B 88.69 83. 81 94.07 The effective durations of Bond A and Bond B are closest to: Bond A Bond B A 0.95 5.78 B 0.95 11 .57 C 1. 89 5.78 D 1. 89 11 .57 Select exactly ... (1. 02 x mil) + (0.94356 x mil) + (0.88688 x mil) = 14 , 518 ,440 Weight, Bond A = 7 ,14 0,000 / 14 , 518 ,440 = 0.492 Weight, Bond B = 4, 717 ,800 / 14 , 518 ,440 = 0.325 Weight, Bond C = 2,660,640 / 14 , 518 ,440

Ngày tải lên: 18/06/2019, 15:19

... 10 ) + (0.25 x 16 ) + (0 .10 x 20) = 11 .8% The expected standard deviation is calculated as follows: σ2 = 0.35 x (8 - 11 .8)2 + 0.30 x (10 - 11 .8)2 + 0.25 x (15 - 11 .8)2 + 0 .10 x (20 - 11 .8)2 = 15 . 31 ... (0.6) = 1. 20 ks = 4.20 + 5.60 (1. 50) = 12 .60%; V = 1. 20 (1. 0 51) / (0 .12 6 - 0.0 51) = $16 .82 91 “Option Markets and Contracts”, Don M Chance 2008 Modular Level I, Vol 6, pp 90-93 Study Session 17 -73-d ... (1. 02 x mil) + (0.94356 x mil) + (0.88688 x mil) = 14 , 518 ,440 Weight, Bond A = 7 ,14 0,000 / 14 , 518 ,440 = 0.492 Weight, Bond B = 4, 717 ,800 / 14 , 518 ,440 = 0.325 Weight, Bond C = 2,660,640 / 14 , 518 ,440

Ngày tải lên: 18/06/2019, 15:19

... closest to: Money-weighted rate of return Time-weighted rate of return A 11 .02% 8.53% B 11 .02% 11 .02% C 11 .60% 8.53% D 11 .60% 11 .02% Select exactly answer(s) from the following: A AnswerA B AnswerB ... following: A $10 0,000 B $11 6,000 C $12 1,000 D $13 7,000 11 0 Correct answer is D “Alternative Investments,” Bruno Solnik and Dennis McLeavey 2008 Modular Level I, Vol 6, pp 19 3 -19 4 Study Session 18 -76-f ... as a CFA Candidate 16 Correct answer is D Standards of Practice Handbook, 9th edition (CFA Institute, 2005), p 13 1 Standards I-VII 2008 Modular Level I, Vol 1, pp 10 1 -10 2 Study Session 1- 2-a

Ngày tải lên: 18/06/2019, 15:19

... eyes on fundamentals 10 7 10 8 10 9 11 0 11 1 “Introduction to the Valuation of Debt Securities,” Frank J Fabozzi 2008 Modular Level I, Vol 5, pp 398-399, 410 - 412 Study Session 15 -67-e compute the ... of Conflicts 14 15 16 Standards of Practice Handbook, 9th edition (CFA Institute, 2005), pp 12 1 -12 2 Standards I-VII 2008 Modular Level I, Vol 1, pp 36, 70, 81, 94-95 Study Session 1- 2-a demonstrate ... $19 1, 517 .76 / (1 - 0 .10 ) = $ 212 ,797. 51 ≈ $ 212 ,800 21 “Discounted Cash Flow Applications,” Richard A Defusco, Dennis W McLeavey, Jerald E Pinto, and David E Runkel 2008 Modular Level I, Vol 1,

Ngày tải lên: 18/06/2019, 15:19

... infringement of copyright 16 5 Answer: C PV = FV /  (1 + r)N 65 = 10 0 /  (1 + r)4×5 r = 2 .17 7% More simply: N = 20; FV = 10 0; PV = –65; CPT I/Y; I/Y = 2 .17 7% 2 .17 7% ì = 8. 71% â Wiley 2 017 All Rights Reserved ... $79 © Wiley 2 017 All Rights Reserved Any unauthorized copying or distribution will constitute an infringement of copyright 16 8 Questions 11 1? ?11 4 relate to Alternative Investments 11 1 Which of the ... by 13 .5% if rates increased by 10 0 bps, it would increase by more than 13 .5% if rates fell by 10 0 bps 10 1 Consider a newly issued, seven‐year, 5% annual‐pay bond that is priced at 10 6 per 10 0

Ngày tải lên: 09/09/2020, 17:03

... of 15 1 Question ID: 412 6 31 Ralph Lim and Susan Bland have both passed Level I of the CFA Program Both are currently enrolled to sit for Level II Lim's business card reads, "Ralph Lim, CFA Level ... is put into place Question #13 of 15 1 Question ID: 412 617 Nichole Zeller and Randy Toffler have both passed Level II of the CFA Exam Program and have registered for Level III Zeller circulates ... recommendation Question #29 of 15 1 Question ID: 5 511 00 For the past years, Karen Beckworth, CFA, has served as a proctor for the CFA exam Beckworth tells her assistant, a Level III CFA candidate, that she

Ngày tải lên: 18/10/2021, 19:38

... 99) D 10 0) B 10 1) D 10 2) C 10 3) A 10 4) B 10 5) C 10 6) A 10 7) D 10 8) D 10 9) D 11 0) B 11 1) A 11 2) B 11 3) A 11 4) C 11 5) C 11 6) D 11 7) D 11 8) C 11 9) C 12 0) A Answers 1) A Standard V(A), Prohibition ... Schweser Online Test # = 613 412 Correct Answers 1) A 2) D 3) A 4) A 5) B 6) C 7) A 8) D 9) A 10 ) A 11 ) B 12 ) C 13 ) B 14 ) A 15 ) D 16 ) D 17 ) C 18 ) A 19 ) C 20) D 21) A 22) B 23) C 24) A 25) ... 7. 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 = 8 Cov = [(7-9)(5-8)+(9-9)(8-8)+ (10 -9) (11 -8)+ (10 -9)(8-8)] / 4 = 2.25 11 1) A Portfolio...

Ngày tải lên: 21/01/2014, 02:20

... Year 1 2 3 4 5 6 7 8 9 10 Return (%) 2.2 6.2 8.9 9.3 10 .5 11 .7 12 .3 14 .1 15 .3 18 .4 The geometric mean return (%) is closest to: A. 9.62. B. 10 .80. C. 10 .89. ... Robinson, CFA, Jan Hendrik van Greuning, CFA, Karen O’Connor Rubsam, CFA, R. Elaine Henry, CFA, and Michael A. Broihahn, CFA 2 010 Modular Level 1, Vol. 3, pp. 10 6 -10 8 Study Session 7- 31- d Describe ... supplied is 5 / 27.5 = 0 .18 1 818 . Average price is (20 + 15 ) / 2 = 17 .5 and the percentage change in price is 5 / 17 .5 = 0.285 714 . The elasticity of supply is 0 .18 1 818 / 0.285 714 = 0.636364. ...

Ngày tải lên: 21/01/2014, 03:20