schweser notes cfa level 1 2013 download

... 专业提供CFA FRM全程高清视频+讲义Trang 123【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 140【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 141【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA ... QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 96【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 97【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 122【梦轩考资www.mxkaozi.com】 QQ106454842 ... 专业提供CFA FRM全程高清视频+讲义Trang 56【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 57【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA FRM全程高清视频+讲义Trang 72【梦轩考资www.mxkaozi.com】 QQ106454842 专业提供CFA

Ngày tải lên: 18/06/2019, 15:12

... 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 ... bidders who bid a discount of 0.11 17% Since there are bids for $8 billion in bills at the discount of 0 1 1 17%, and only $2 billion unsold at a yield of 0 1 1 04%, each bidder receives 2/8 ... gallon as 138,500 -12,500(3) = 1 0 1 ,000 Substituting 3 for P0, 1 0 1 ,000 for �' and -12,500 for ( �;), we can calculate the price elasticity of demand as: Eoemand = = X ( - 12,500 ) =

Ngày tải lên: 06/10/2015, 12:00

... readings as set forth by CFA Institute in their 2010 CFA Level 1 Study Guide The information contained in these Notes covers topics contained in the readings referenced by CFA Institute and is believed ... 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 ... and republished from 2010 Learning Outcome Statements, Level 1, 2, and 3 questions from CFA® Program Materials, CFA Institute Standards of Professional Conduct, and CFA Institute’s Global Investment

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

... 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

... 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 ... readings as set forth by CFA Institute in their 2010 CFA Level 1 Study Guide The information contained in these Notes covers topics contained in the readings referenced by CFA Institute and is believed ... 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

Ngày tải lên: 26/01/2014, 06:20

... Trang 1CFA Level 1 - LOS Changes 2014 - 2015Topic LOS Level I - 2014 (532 LOS) LOS Level I - 2015 (529 LOS) Compared Ethics 1.1.a describe the structure of the CFA Institute Professional ... Quantitative 3.11.b distinguish between one-tailed and two-tailed tests of hypotheses 3.11.b distinguish between one-tailed and two-tailed tests of hypotheses Quantitative 3.11.c explain a test ... significance level, and how significance levels are used in hypothesis testing 3.11.c explain a test statistic, Type I and Type II errors, a significance level, and how significance levels are

Ngày tải lên: 06/06/2015, 16:02

... −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

... III, CFA, Chair Christopher C Loop, CFA, Terence E Burns, CFA Guy G Rutherfurd, Jr., CFA Samuel B Jones, Jr., CFA Wenliang (Richard) Wang, CFA Ulrike Kaiser- Boeing, CFA Peng Lian Wee, CFA Jinliang ... or integrity of CFA Institute or the CFA designation or the integrity, validity, or security of CFA Institute programs B Reference to CFA Institute, the CFA Designation, and the CFA Program When ... and Standards) The Code contains high- level aspirational ethical principles that drive members and candidates to create a r E A d i n G 1 Copyright © 2014 CFA Institute Trang 4positive and reputable

Ngày tải lên: 24/05/2016, 19:33

... into fifths into tenths Percentile (100) Statistical Concepts and Market Rerurns - CFA Mind Maps Level - 2016 - Copyright by WAY TO FINANCE SUCCESS Ly =(n+1) x y /100 WAY TO FINANCE SUCCESS - Website: ... potential employees 2.1 Standard I PROFESSIONALISM - CFA Mind Maps Level - 2016 - 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 - 2016 - Copyright by WAY TO FINANCE SUCCESS

Ngày tải lên: 28/03/2018, 16:43

... [(1+rt,1)× (1+rt,2)×… (1+rt,n)] -1 • Annualized TWR (when investment is for more than one year) = _ 1 + D O1 + D`… + 1 + D3 Pbc_1 • TWR (for the year) = rTWR = [(1+R1)× (1+R2)×… (1+R365)] -1 ... from 0 to T 12.Price relative = Ending price / Beginning price = St+1/ St=1 + Rt, t+1 where, R t, t+1 = holding period return on the stock from t to t + 1 Trang 10Formula Sheet Volume 1: Quantitative ... Methods 13.Continuously compounded return associated with a holding period from t to t + 1: rt, t+1= ln(1 + holding period return) or rt, t+1 = ln(price relative) = ln (St+1 / St) = ln (1 + Rt,t+1)

Ngày tải lên: 28/03/2018, 16:44

... ~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 ... Volume 2 (CFA Instirute, 2013) , Reading ~signmenu uonom;t:f. CFA Program Level I 2014 Curriculum Volume 2 (CFA Institute, 2013) 02013 Kaplan Inc Trang 6Book 2 - EalnomiaIUading Auignmenu and UamiAg

Ngày tải lên: 28/03/2018, 16:50

... ElementSbonds is increased by 1% from SI,OOO to $1,010, and the six-month coupon of 1.5% is calculated as 1.5% of the new (adjwted) principal value ofSI,010 (i.e., 1.010 x 1.5% .SI5.15) With this structure ... 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 ... and Alttrnativ~ Investments; CFA Program Level I 2014 Curriculum Volume 6 (CFA Instirute, 2013) 02013 Kaplan, Inc Trang 6Book 5 - FIXtd incom e, [krivalivc:s, and A1 rnative InV<SlmonuIUadinsAuignmonu

Ngày tải lên: 28/03/2018, 16:50

... 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 ... bidadiscountof0.1117% Sincetherearebidsfor $8billion inbillsatthediscountof0.1117%,andonly$2 billionunsoldat ayield of0.1104%, eachbidderreceives2/8of the faceamountof billstheybidfor Figure11,thisis

Ngày tải lên: 28/03/2018, 17:02

... 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 ... 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

Ngày tải lên: 28/03/2018, 17:03

... Trang 1n '•I I1m 2 Schweser’s Secret Sauce Trang 2LEVEL I SCHWESER’S SECRET SAUCE®Fixed Income: SS 15 & 16 Trang 3©2013 Kaplan, Inc. All rights reserved.Published in 2013 by Kaplan Schweser. ... PRACTICE HANDBOOK Cross-Reference to CFA Institute Assigned Readings #1 & 2 m recommend you read the original Standards of Practice Handbook ( , 2010). (1) You are a CFA® candidate. As such, you ... of this law is greatly appreciated. Required CFA Institute disclaimer: “CFA® and Chartered Financial Analyst® are trademarks I owned by CFA Institute CFA Institute (formerly the Association for

Ngày tải lên: 16/08/2018, 14:33

... Finance: SS 10 & 11 147 Portfolio Management: SS 12 168 Securities Markets and Equity Investments: SS 13 & 14 189 Fixed Income: SS 15 & 16 220 Derivatives: SS 17 251 Alternative ... their probabilities 0.18 x 1.80 + 0.42 x 1.70 + 0.24 x 1.30 + 0.16 x 1.00 = $1.31 The (conditional) expectation of EPS, given that the economy is good, is $1.73 = 0.3(1.80) + 0.7(1.70) Expected EPS, ... not? 1 1 Bidhan L Parmar, PhD, Dorothy C Kelly, CFA, and David B Stevens, CFA, “Ethics and Trust in the Investment Profession,” CFA Program 2017 Level I Curriculum, Volume 1 (CFA Institute, 2016)

Ngày tải lên: 05/09/2018, 16:40

... correlated, p12 = +1> then the square root of portfolio variance (the portfolio standard deviation o f returns) is equal to: ^portfolio portfolio V O wf ( j f + W2CJ2 + 2wj W2d1CT2 (1) = W^CT1 + W2CT2 ... as illustrated in Figure 11 Figure 11: Treynor Measure and Jensens Alpha Ba s i c s o f Po r t f o l io Pl a n n i n g a n d Co n s t r u c t i o n Cross-Reference to CFA Institute Assigned Reading ... government Figure 1 provides a summary of the risk tolerance, investment horizon, liquidity needs, and income objectives for these different types of investors Trang 16Figure 1: Characteristics

Ngày tải lên: 05/09/2018, 16:41

... an FRA, and explain each of the component terms What does 1 X 3 and 12 X 18 mean for an FRA? 10,000,000(((.06-.055)(180/360))/(1.06(180/360))) = $24,272 Long makes money in this case Notional ... equal to $102.16 per bondTIPS Inflation protected 5 and 10 year notes and 20 year Trang 17for changes to the CPI; COUPON IS PAID ON ADJUSTED PAR VALUE; Bond holder gets the greater of $1,000 or ... adjusted trialbalances +10-K +10-Q +DEF-14A +8-K +144 +Forms 3, 4, 5Form S-1 Filed before sale of a new security Trang 11Form 8-K Discloses material eventsForm 144 Notice to the SEC of a sale of non-registered

Ngày tải lên: 14/06/2019, 16:03

... {(1+ effective annual yield)1/2-1} * 2 13 Geometric Mean= [(1+R1)(1+R2)… (1+Rn)]Geometric mean return is also known as compound annual rate of return1/n-1 14 Harmonic Mean= N ™[ n ™;L; 15 ... (1+HPY)365/t -1 HPY= Holding period yield 10 HPR= CF1 (1+IRR) (1+IRR)CF2 2 (Ending Value-Beginning Value) (Beginning Value) CF3 (1+IRR)3 Trang 311 RMM= 360/days*HPYRMM=Money market yield 12 Bond equivalent ... (Current Liabilities) 111 Cash Ratio= (Cash+Marketable Securities) (Current Liabilities) 112 Defensive Interval= (Cash+Marketable Securities+Receivables) (Average Daily Expenditures) 114 Debt to equity

Ngày tải lên: 14/06/2019, 16:57