2013 schweser kaplan cfa level 1 study notes free download

... ~signmenu uonom;t:f. CFA Program Level I 2014 Curriculum Volume 2 (CFA Institute, 2013) Reading Assignments UDnDm;t:f.CFA Program Level I 2014 Curriculum Volume 2 (CFA Instirute, 2013) , Reading ~signmenu ... Trang 1Levell I Book 2SchweserNotes'" for the CFA· Exam rz-: I{ A P LAN SCHOOL OF PROFESSIONAL Trang 3BOOK 2 - ECONOMICSFormulas • • • • 254 Trang 4SCHWESERNOTESTM 2014 CFA LEVEL I BOOK ... 125(10) • 750and the quantity supplied as<4=-400 ~ 75(10) e 350.Excess demand is350.400 750-02013 Kaplan, Inc Trang 19Study Session"Cou-Rkfeftnce to CFA Instiwlt Assigned Rkading 113 -

Ngày tải lên: 28/03/2018, 16:50

... 4SCHWESERNOTES'" 2014 CFA LEVEL I BOOK 5: FIXED INCOME.02013 Kaplan Inc All rights reserved Published in 2013 by Kaplan Inc Printed in the United Sl2tes of America ISBN: 978-1-4277-4909-3/1-4277-4909-4 ... Fixed-Income Valuation page 9page 27page 41 STUDY SESSION 16 Reading Assignments Eqlliry and Fixed lncom<, CFA Program Level 12014 Curriculum, Volume 5 (CFAInstitute, 2013) 55 Understanding Fixed-Income ... Credit Analysis page 79page 108 STUDY SESSION 17 Reading Assignments D<,ivaliws andAlt<matiw lnvntmtnts. CFA Program Level 12014 Curriculum Volume 6 (CFA Institute, 2013) 57 Derivative Markets

Ngày tải lên: 28/03/2018, 16:50

... Trang 1BOOK 2 - ECONOMICSStudySession6- Economics: Economics inaGlobalContext 210 Trang 2SCHWESERNOTES™ 2015 CFALEVEL IBOOK2:ECONOMICS©2014Kaplan,Inc.All rights reserved Publishedin2014 by Kaplan,Inc ... Market demandis: O-Dgas=107,500-12,500Pgas+2001+1,200PBT-100Pauto Inserting the values given,wehave: Qyjgas=107,5°0—12,500p +200X50+ 1,200 X20- 100x30 QD gas=138,500- 12,500P Inverting thisfunction,we ... of $3pergallonas 138,500 12,500(3)=101,000.Substituting 3 forPQ,101,000forQQ,and-12,500for , we cancalculate the price elasticity of demandas: ' = — - — lx (-12,500) =-0.37 1101,000J v ' %AQ %APForthis

Ngày tải lên: 28/03/2018, 17:02

... Trang 1BOOK 5 - FIXED INCOME, DERIVATIVES,Trang 2SCHWESERNOTES™ 2015CFALEVEL I BOOK5: FIXEDINCOME,DERIVATIVES, ANDALTERNATIVE INVESTMENTS ©2014 Kaplan,Inc.All rights reserved Published in 2014byKaplan,Inc ... been1% overthe period, the principal value of the Trang 19bondsisincreased by1%from$1,000to$1,010,and the six-month coupon of 1.5%iscalculatedas1.5% of thenew(adjusted)principal value of$1,010 ... 56.Fundamentalsof Credit Analysis page 103 page133 STUDY SESSION 17 Reading Assignments Derivativesand AlternativeInvestments,CFAProgram LevelI2015Curriculum, Volume 6(CFA Institute,2014) 57.DerivativeMarkets

Ngày tải lên: 28/03/2018, 17:03

... ofimplementation 19 LOS 18.s: Determine whether a fiscal policy is expansionary or Trang 819 LOS 18.s20 LOS 18.t 22 Concept Checkers 1 Answers – Concept Checkers 11 International Trade and Capital Flows 1 LOS ... Trang 16R EADING A SSIGNMENTS AND L EARNING O UTCOMEEconomics, CFA Program Level I 2018 Curriculum (CFA Institute, 2017) 14 Topics in Demand and Supply Analysis 15 The Firm and Market Structures 16 ... Economic Growth 17 Understanding Business Cycles STUDY SESSION 5 Reading Assignments Economics, CFA Program Level I 2018 Curriculum (CFA Institute, 2017) 18 Monetary and Fiscal Policy 19 International

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

... Derivatives 1 4 0 Formulas 246 Appendix 249 Index 2 53 Trang 3SCHWESERNOTES™ 2013 CFA LEVEL III BOOK 4: ALTERNATIVE INVESTMENTS, RISK MANAGEMENT, AND DERIVATIVES ©20 12 Kaplan, Inc All ... higher at 1 1 1 Trang 25Study Session 13 Cross-Reference to CFA Institute Assigned Reading #31 -Alternative Investments Portfolio Management A portfolio consisting of 36/36/ 18/10 of stocks/bonds/HFCIICTA$ ... The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2013 CFA Level III Study Guide The information contained in these Notes covers

Ngày tải lên: 28/03/2018, 16:42

... Calculated Midquotes Time ofTrade 10 a.m 1 p.m 2 p.m Midquote ($12.16 + $12.10) I 2 = $12.13 ($12.07 + $ 12.00) I 2 = $12.035 ($1 1 88 + $ 1 1.80) I 2 = $ 1 1 84 The effective spread for each ... 1 1.53 [ = ( 1 1 50 + 1 1 56) I 2] The effective spread for this buy order is: 2 x ($ 1 1 55- $ 1 1 53) = $0.04, which is two cents better than the quoted spread of $0.06 ( = $ 1 1 56 -$ 1 1 ... the day are: • At 10 a.m 100 shares trade at $ 1 2 1 1 • At 1 p.m 300 shares trade at $12.00 • At 2 p.m 600 shares trade at $ 1 1 75 The total number of shares traded is 1,000, so the VWAP

Ngày tải lên: 28/03/2018, 16:43

... Published in 20 12 by Kaplan Schweser Printed in the United States of America ISBN: 978-1-4277-4239-1 I 1-4277-4239-1 PPN: 3200-2856 If this book does not have the hologram with the Kaplan Schweser ... Index 264 Trang 3Page 2 SCHWESERNOTES™ 2013 CFA LEVEL III BOOK 2: INSTITUTIONAL INVESTORS, CAPITAL MARKET EXPECTATIONS, ECONOMIC CONCEPTS, AND ASSET ALLOCATION ©20 12 Kaplan, Inc All rights reserved ... The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2013 CFA Level III Study Guide The information contained in these Notes covers

Ngày tải lên: 28/03/2018, 16:43

... $5(1 + 0·�7) = $10.175 total horizon value = 104.56 + 1 0 175 = $ 1 14.735 PV = -105 1 1 ; FV = 1 14.735; N = 2; CPT -+ 1/Y = 4.478% 3 BEY = 4.478% X 2 = 8.96% 4 EAR = (1 04478)2 - 1 = 9 1 ... 6% Trang 21Calculation assuming an 1 1% horizon yield: 1 Horizon value = horizon price + reinvested coupons = 95.69 + 10.175 = 105.865 2 Semiannual return = PV = -105 1 1 ; FV = 105.865; N ... Portfolio Management 131 Study Session 11 -Equity Portfolio Management 134 Study Session 12-Equity Portfolio Management 188 Self-Test - Equity Portfolio Management 221 Formulas 225 Index

Ngày tải lên: 28/03/2018, 16:43

... and Analysis .213 StudySession8 -CorporateFinance 221 StudySession9-CorporateFinance:Financing and ControlIssues 314 Self-Test-CorporateFinance .394 Trang 3SCHWESERNOTES™2015CFALEVEL II BOOK 2: ... The Schweser Notes should be used in conjunction with the original readings as set forth by CFA Institute in their 2015 CFA Level II Study Guide The information contained in these Notes covers ... valueminusanormalprofitmargin ($203 —$12= $191)isless thanreplacementcost.Sinceoriginalcostexceeds market(replacementcost),the inventoryis writtendownto$197anda$13loss($197 replacementcost - $210originalcost) isreportedintheincome

Ngày tải lên: 16/08/2018, 14:34

... BehavioralFinance 381 Trang 2SCHWESERNOTES™ 2015CFALEVELIIIBOOK 1:ETHICALANDPROFESSIONAL STANDARDS, BEHAVIORALFINANCE,AND PRIVATEWEALTHMANAGEMENT©2014 Kaplan,Inc.All rights reserved Publishedin2014 by Kaplan,Inc ... theircontributionstothe2014LevelIIISchweserNotesTMfor the CFA Exam Timetohit the books,DavidHetherington DavidHetherington,CFA VP and CFA Level III managerKaplan Schweser Trang 7Exam TopicWeights1 Ethical and ... or sponsored these Notes. Trang 3WELCOME TO THE 2015 LEVEL IIISCHWESERNOTES™ Thankyoufor trusting Kaplan Schwesertohelpyoureachyourgoals.Wecanhelpyou preparefor the Level III CFA Exam and have

Ngày tải lên: 16/08/2018, 14:34

... ( 1 R 1 R + + + + + + ) ( + + 1111) ( × + × + × + × + 1 R 1 R ) ) ) ×… ×…× + × + × + × + ( ( ( 1 R 1 R ) ) ) )  ) 1  − − 1 1 1 1 RG= = ( + + 1 R = = ( + + RG= = ( + + 1 RG= = ( + + 1 ... period yield HPY PP − −PP + + D P P + D P + D 1 − 0 + 1 − 0 + P 1 P 0 P − P + P 1 − − P 0 + + P − P + 1 0 P 0 P 1 + 1 1 + 1 P1 D1 P + D P 1 + + D 1 P + D 0 P 0 P • Money market yield = − × R 360 ... using probabilities E(X) P( = = = = = = = = = = = = = = = = P( X ) X ) X ) X ) X ) X )1111 1 X X X X1111 1 + + + + + + (X )X + + + + + + + + + + P P P P 22)X )X 22 P(X )X X ) X )XnnnXnnn ∑ σ

Ngày tải lên: 23/05/2019, 08:56

... 0o gas = 107,500 - 12,500Pgas + 2001 + 1 ,200P8T - IOOPauto Inserting the values given, we have: Qo gas = 107,500 - 12,500Pgas + 200 X 50 + 1 ,200 X 20 - 100 X 30 Qo gas = 138,500 - 12,500P ... Demand 15 Demand and Supply Analysis: The Firm 16 The Firm and Market Structures STuDY SESSION 5 READING AssiGNMENTS Economics, CFA Program Curriculum, Volume 2 (CFA Institute, 2013) 17 Aggregate ... readings as set forth by CFA Institute in their 2013 CFA Level I Study Guide The information contained in these Notes covers topics contained in the readings referenced by CFA Institure and is believed

Ngày tải lên: 06/10/2015, 12:00

... The SchweserNotes should be used in conjunction with the original readings as set forth by CFA Institute in their 2010 CFA Level 1 Study Guide The information contained in these Notes covers ... Analysis, CFA Program Curriculum, Volume 3 (CFA Institute, 2010) STUDY SESSION 10 Reading Assignments Financial Reporting and Analysis, CFA Program Curriculum, Volume 3 (CFA Institute, 2010) 40 ... statements (page 116) h explain and calculate free cash flow to the firm, free cash flow to equity, and other cash flow ratios (page 118) The topical coverage corresponds with the following CFA Institute

Ngày tải lên: 14/12/2013, 10:15

... / 12 The bonds are weighted by 4 / 12 and are not affected by the stock dividend Basic shares = {[100,000 x (12 / 12)] + [30,000 x (8 / 12)]} x 1.10 = 132,000 Diluted shares = 132,000 + [21,000 ... $2,100 Under LIFO, the first 42 units purchased would be in inventory: (40 x $30) + (2 x $40) = $1,280 10 B) Year 1: (2/ 4) x 25,000 = $12,500 Year 2: (2 / 4) x (25,000 — 12,500) = $6,250 11 ... 2,000(6) = 12,000 Weighted average shares = 132,000 / 12 = 11,000 shares net income — pref div $10,000 — $1,000 = $0.82 wt avg shares of common 11,000 Basic EPS = Professor's Note: Remember,

Ngày tải lên: 14/12/2013, 10:15

... for an assumed $10,000 ~~ Class A shares would be: 10,000 (1 — 0.04) (1.09) 2 (1 — 0.01)? = $11,178.79 Class B shares would be: 10,000 (1.09) 2 (1 — 0.015) 2 (1 — 0.03) = $11,181.43 Class C ... be: 10,000 (1 — 0.04)(1.09)> (1 — 0.01)° = $14,046.87 Class B shares would be: 10,000 (1.09)? (1 — 0.015)? = $14,266.38 Class C shares would be: 10,000 (1.09)> (1 — 0.02) > = $13,907.94 ... regression model is the: ¢ Utilities and maintenance $21,000 A $173,500 B $193,500 C $211,000 Trang 2510 11 12 13 Cross-Reference to CFA Institute Assigned Reading #73 — Alternative Investments

Ngày tải lên: 21/01/2014, 04:20

... owed at maturity for a 90-day loan of $1.5 million at LIBOR + 1.3%? A $17,612 B $18,300 C $32,925 A company treasurer needs to borrow 10 million euros for 180 days, 60 days from now The type ... than the contract rate at settlement 10 B (0.06 — 0.05) x (60 / 360) x $2 million x 1 / (1 + 0.06 / 6) = $3,300.33 11 A ($0.98 — $0.97) x 10 million = $100,000 loss The long, Party A, is obligated ... they are only worth $0.97 and must pay $0.01 x 10 million = $100,000 12 B- The actual discount has decreased by: 128 (0.0315 — 0.0307) “sp = 0.0284% of $1,000,000 or $284 A decrease in the discount

Ngày tải lên: 21/01/2014, 04:20

... Trang 1CFA Level I - Study Session 51 A “Demand and Consumer Choice”, including addendum “Consumer Choice and Indifference ... highest level of utility for given level of income and market prices Trang 3h distinguish between the income effect and the substitution effect.2 Price of Good X falls, Budget line rotates out. 1 B ... when elasticity of demand is greater than one in absolute value, a 10% fall in price increases quantity demanded by more than 10% Thus total expenditure by consumers, and total revenue received

Ngày tải lên: 25/01/2014, 07:20

... five years at a price of 110 (110% of par), with the call price declining to 105 after ten years and 100 in the 15th year Trang 15Study Session 15 Cross-Reference to CFA Institute Assigned Reading ... Hy 11 Study Session 16 — Fixed Income: Analysis and Valuation .« -<<« 84 Self-Test — Fixed Íncome Ïnvestmennts Ăn HH ng 154 Study Session 17 — DerivatIV€$ - TH ng 159 Study Session 18 ... The SchweserNotes should be used in conjunction with che original readings as set forth by CFA Institute in their 2010 CFA Level 1 Study Guide The information contained in these Notes covers

Ngày tải lên: 26/01/2014, 06:20