investopedia cfa level 1 study guide economics

... Curriculum Volume (CFA Instirute, 2013) 17 Aggregate Output Prices and Economic Growth 18 Undersranding Bwincss Cydcs 19 Monetary and Fiscal Policy page 124 page 155 page 177 , STUDY SESSION Reading ... SCHWESERNOTESTM 2014 CFA LEVEL I BOOK 2: ECONOMICS C2013 Kaplan, Inc All rights reserved Published in 2013 by Kaplan, Inc Printed in the United States of America ISBN: 978-1-42n-4906-2/1-42n-4906-X ... CF-A Instina«: I , STUDY SESSION Reading ~signmenu uonom;t:f CFA Program Level I 2014 Curriculum Volume (CFA Institute, 2013) 13 Demand and Supply An:a.lysis:Introduction 14 Demand and Supply

Ngày tải lên: 28/03/2018, 16:50

... Outcome Statemcnu Study Seuion IS - Fixed Income: Buic COnccpu • .• .• • • Study Senion 16 - FIXed Income: An lysu of Risk 79 Self-Test - Fixed Income Investments 137 Study Seuion 17 - Derivatives ... • • 142 Study Session 18 - Alternative Investments • 230 Sdf-Tcst - Derivatives and Alternative Investments • 255 Formulu 258 IDdex • • • .• • 260 020 13 Kaplan, Inc ~1 SCHWESERNOTES'" ... Kaplan, Inc ~1 SCHWESERNOTES'" 2014 CFA LEVEL I BOOK 5: FIXED INCOME DERIVATIVES AND ALTERNATNE INVESTMENTS 02013 Kaplan Inc All rights reserved Published in 2013 by Kaplan Inc Printed in the

Ngày tải lên: 28/03/2018, 16:50

... economists 194 Keynesian school 161 kinked demand curve model 104 L labor force 145,162 labor productivity 139 labor supply 145 lagging indicators 171 ©2014 Kaplan, Inc Page 261 PRINTED BY: Stephanie ... equilibrium 106 national income 130 natural monopoly 95, 112 natural rate of unemployment 169 natural resources 146 Neoclassical school 161 net exports 129,210 New Classical school 162 Page 262 ... capacity 102 excess demand 15 excess reserves 181 excess supply exchange rate regimes 239 exchange rates 138, 139, 231 exchange rate targeting 190 expansion 157 expansionary fiscal policy 138 expansionary

Ngày tải lên: 28/03/2018, 17:02

... effective annual rate is (1 + 0.06 / 4)4 = 1.0154 — = 6.136% and a $1,000 investment will return $1,000(1.06136) = $1,061.36 at the end of one year ©2014 Kaplan, Inc Page 241 PRINTED BY: Stephanie ... properties 10 B Management fee is £155 million x 0.02 = £3.1 million Incentive fee is (£155 million - £150 million) x 0.20 = £1.0 million Total fee is £3.1 million 11 A + £1.0 million = £4.1 million ... Statements Study Session 15 - Fixed Income: Basic Concepts Study Session 16 - Fixed Income: Analysis of Risk 103 Self-Test - Fixed Income Investments 161 Study Session 17 - Derivatives 165 Study Session

Ngày tải lên: 28/03/2018, 17:03

... economic growth 16 Key Concepts LOS 16.a LOS 16.b LOS 16.c LOS 16.d LOS 16.e LOS 16.f LOS 16.g LOS 16.h LOS 16.i 10 LOS 16.j 11 LOS 16.k 12 LOS 16.l 13 LOS 16.m 14 LOS 16.n 15 LOS 16.o 17 Concept ... 18.t: Explain the interaction of monetary and fiscal policy Key Concepts LOS 18.a LOS 18.b LOS 18.c LOS 18.d LOS 18.e LOS 18.f LOS 18.g LOS 18.h LOS 18.i 10 LOS 18.j 11 LOS 18.k 12 LOS 18.l 13 ... 13 LOS 18.m 14 LOS 18.n 15 LOS 18.o 16 LOS 18.p 17 LOS 18.q 18 LOS 18.r 19 LOS 18.s 20 LOS 18.t 22 Concept Checkers Answers – Concept Checkers 11 International Trade and Capital Flows LOS 19.a:

Ngày tải lên: 07/03/2018, 09:35

... Derivative Pricing and Valuation STUDY SESSION 18 Reading Assignments Derivatives and Alternative Investments, CFA Program Level I 2018 Curriculum (CFA Institute, 2017) Trang 1858 Introduction to Alternative ... Fundamentals of Credit Analysis STUDY SESSION 17 Reading Assignments Derivatives and Alternative Investments, CFA Program Level I 2018 Curriculum (CFA Institute, 2017) 56 Derivative Markets and ... Introduction to Asset-Backed Securities STUDY SESSION 16 Reading Assignments Equity and Fixed Income, CFA Program Level I 2018 Curriculum (CFA Institute, 2017) 54 Understanding Fixed-Income Risk

Ngày tải lên: 07/03/2018, 09:36

... −5 / 47.5 = -0.105 or -10.5% The percent change in price is = (1,200 − 1,000) / [(1,000 + 1,200) / 2] = 200 / 1,100 = 0.1818 or 18.2% The price elasticity of demand is -10.5 / 18.2 = -0.58 This ... $41,000) / $47,000 = 25.53% 30.30% / 25.53% = 1.18 1.18 > 1 so Tskitishvili would conclude that computers are a luxury good This question tested from Session 4, Reading 13, LOS a, (Part 1) ... A) luxury good with income elasticity of 1.01 Trang 13Your answer: A was incorrect The correct answer was B) luxury good with income elasticity of 1.18 % change in computers demanded = ( 0.57-

Ngày tải lên: 06/06/2015, 16:36

... Analysis, CFA Program Curriculum, Volume 2, Level II (CFA Institute, 2014) 20 Evaluating Quality of Financial Reports 21 Integration of Financial Statement Analysis Techniques page 165 page 191 STUDY ... Volume 2, Level II (CFA Institute, 2014) 17 Intercorporate Investments 18 Employee Compensation: Post-Employment and Share-Based 19 Multinational Operations page 68 page 103 page 126 STUDY SESSION ... readings as set forth by CFA Institute in their 2015 CFA Level II Study Guide The information contained in these Notes covers topics contained in the readings referenced by CFA Institute and is believed

Ngày tải lên: 16/08/2018, 14:34

... 50 15% 40% 30% 1.25 1.15 0.85 18.75% 46.00% 25.50% 100 20 15% 0.65 9.75% 100% -8% 0% 6% -120 -10 10% Total Exp(Utility) = wP_8%U_8% + wP0%U0% + wP6%U6% + wP10%U10% = 0.1875(— 120) + 0.46(-10) ... page 138 page 167 page 187 STUDY SESSION Reading Assignments Private Wealth Management (1), CFA Program 2015 Curriculum, Volume 2, Level III Managing Individual Investor Portfolios page 212 10 ... Economics; SS6, 13) Derivatives; SSI 6) Applied Economics; SS7 14) Trading, Monitoring, and Rebalancing; SS16 7) Asset Allocation 1; SS8 15) Evaluation, How to Study GIPS, and Exam Tips; SS17, 18 8) Asset

Ngày tải lên: 16/08/2018, 14:34

... Year Year ( 14.2 - 106.5) I 106.5 = 7.2% ( 19.9 - 14.2) I 14.2 = 5.0% (124.8 - 19.9) I 1 9.9 = 4.1% (128.1 - 124.8) I 124.8 = 2.6% The inflation rate is decreasing, but the price level is still ... Rate Face Value Cumulative Face Value (%) ($ billions} ($ billions} 0.1081 3 0 1090 12 0 1098 23 0 1 04 28 0 1 17 36 0 1 24 43 Because the total face value of bills offered is $35 billion, ... 0o gas = 107,500 - 12,500Pgas + 2001 + ,200P8T - IOOPauto Inserting the values given, we have: Qo gas = 107,500 - 12,500Pgas + 200 X 50 + ,200 X 20 - 100 X 30 Qo gas = 138,500 - 12,500P gas

Ngày tải lên: 01/04/2021, 14:46

... 5- 1 .A.b LOS Level I Study Session 5- 1 .A.b LOS Level I Study Session 5- 1 .B.c 6 B LOS Level I Study Session 5- 1 .B.f 7 B LOS Level I Study Session 5- 1 ... LOS Level I Study Session 5- 1 .A.a LOS Level I Study Session 5- 1 .A.b LOS Level I Study Session 5- 1 .B.e LOS Level I Study Session 5- 1 .C.c LOS Level ... Study Session 5- 1 .D.c 6 C 7 A 8 C 9 C 10 A LOS Level I Study Session 5- 1 .E.b LOS Level I Study Session 5- 1 .E.e LOS Level I Study Session 5- 1 .C.d LOS Level

Ngày tải lên: 25/01/2014, 07:20

... 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

... Portfolios 2010 8.4 10.2 0.7 1,834 2,125 18,222 100 2009 21.1 21.1 1.1 1,730 2,130 17,635 100 2008 –39.7 –39.8 1.0 1,631 2,141 19,246 100 2007 1.4 6.2 1.2 1,532 2,127 14,819 100 2006 11.4 10.5 0.9 1,428 ... 0.9 1,428 2,116 12,362 100 2005 1.0 4.3 0.8 68 1,115 12,051 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 2001 –17.7 –12.8 0.8 41 870 8,632 ... 175.0 38.5 64.2 2002 82.3 1.0 175.0 78.8 52.5 2003 129.5 29.9 175.0 105.0 58.3 2004 143.5 42.3 175.0 120.8 41.6 2005 157.5 97.0 175.0 119.0 37.8 2006 166.2 129.3 175.0 112.0 31.1 2007 171.5 184.7

Ngày tải lên: 24/05/2016, 19:33

... MultipleChoice 0% 10%–20% 5%–15% 10%–20% 10%–20% ConstructedResponse 10% 0%–10% 0%–10% 0%–10% 0%–10% 5%–15% 0%–10% 5%–15% 0%–10% 70% 30% Minutes Format Approximate Weight 120 30 120 240 Multiple-Choice ... iβ ) 1 + e−( X i β ) b ∫ (1 − F (r ))dr L Ω( L ) = L ∫ F (r )dr a March 2015 Level II Study Guide 101 RaR fy =  ∑12 (r − r )2   m= M +1 fmy f (12− M ) y    (12 − M ) −   ∑ M M =1 (rfmy ... requirements March 2015 Level II Study Guide CAIA Level II Outline Topic 1: Professional Standards and Ethics Standards of Practice Handbook, 11th edition, CFA Institute, 2014 • • • • • • Standard

Ngày tải lên: 01/03/2018, 14:20

... Standards 12 Formulas 13 Copyright Page List 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 i iii iv v vi vii viii ix 10 11 12 13 14 15 16 17 18 19 20 21 22 ... execution 15 LOS 31.o: Discuss the role of ethics in trading 16 Key Concepts LOS 31.a LOS 31.b LOS 31.c LOS 31.d LOS 31.e LOS 31.f LOS 31.g LOS 31.h LOS 31.i 10 LOS 31.j 11 LOS 31.k 12 LOS 31.l 13 LOS ... 34.i 10 LOS 34.j 11 LOS 34.k; LOS 34.l; LOS 34.m 12 LOS 34.n 13 LOS 34.o 14 LOS 34.p 15 LOS 34.q 16 LOS 34.r 17 LOS 34.s 18 LOS 34.t 19 LOS 34.u 23 Concept Checkers Answers – Concept Checkers 11

Ngày tải lên: 07/03/2018, 09:37

... 0.1103 0.1141 0.3 0.1179 0.1217 0.1255 0.1293 0.1331 0.1368 0.1406 0.1443 0.1480 0.1517 0.4 0.1554 0.1591 0.1628 0.1664 0.1700 0.1736 0.1772 0.1808 0.1844 0.1879 0.5 0.1915 0.1950 0.1985 0.2019 0.2054 ... 0.0120 0.0160 0.0199 0.0239 0.0279 0.0319 0.0359 0.1 0.0398 0.0438 0.0478 0.0517 0.0557 0.0596 0.0636 0.0675 0.0714 0.0753 0.2 0.0793 0.0832 0.0871 0.0910 0.0948 0.0987 0.1026 0.1064 0.1103 0.1141 ... management strategies specified in investment policy statements (page 115) 118) 120) 122)121) 123) 127) 127) STUDY SESSION 15 124) The topical coverage corresponds with the following CPA Institute

Ngày tải lên: 28/03/2018, 16:42

... $2,3 50,000 $18,162,500 $2,250,000 = 0.12 = 12% $ 18,162,500 14 B $26,000 -$ 171,000 -$ 168,000 - $135,000 $18,162,500 -$448,000 = -0.02 = -2% $18,162,500 - Ry = Rc +R1 = 12% - 2% = 10% For the ... linked Thus, the annual return is computed as follows: R,nual = [(1 Ro1) (1 �2) (1 �3) (1 �4)] - [(1 0300)(1 0415) (1.0375)(1.0315)] - 14.8% + X + X + X + = = Page 254 GIPS require terminated portfolios ... �r (1 0.075)(1 - 1369)(1 0.21 12) - 12.38% = + + = ©20 12 Kaplan, Inc Page 261 FoRMULAS CPPI strategies: $ in stock = m (TA - F) cash flow at the beginning of the evaluation period: If MV1 -

Ngày tải lên: 28/03/2018, 16:43

... foreign currency, and the correlation between the two: i = (0.31)2 + (0.1 1)2 +2(0.3 1)(0.1 1)(0.2) = 0.1218 cr cr$ = Jo.1218 = 0.3491 = 34.91 o/o A The contribution of currency risk measures the risk ... Asset Class Weights % A B c D 5.95o/o 0.756 12 13 70 7.25o/o 8.30o/o 0.633 22 21 52 8.00o/o 1 15% 0.538 32 18 15 35 8.75o/o 14.25o/o 0.474 42 21 22 15 2% 25% for Carlson and Olsen, Assuming inflation ... stock 167 growth in global spending 166 H hedge funds 30 H-model 140 home country bias 95 human capital 210 hybrid plans 15 I mcome 28 individuals 210 inflation 101 inflation adjusted securities 186

Ngày tải lên: 28/03/2018, 16:43

... the 19 96 Level I CFA đ Study Guide. Copyright (19 96), CFA Institute, Charlottesville, VA. All rights reserved. Reprinted with permission from the 19 97 Level I CFA đ Study Guide. Copyright (19 97), ... the 19 99 Level I CFA đ Study Guide. Copyright (19 99), CFA Institute, Charlottesville, VA. All rights reserved. Reprinted with permission from the 2000 Level I CFA đ Study Guide. Copyright (19 99), ... I CFA đ Study Guide. Copyright (19 94), CFA Institute, Charlottesville, VA. All rights reserved. Reprinted with permission from the 19 95 Level I CFA đ Study Guide. Copyright (19 95), CFA Institute,...

Ngày tải lên: 17/10/2013, 07:15

... 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