Package deal
CFA TESTS COMPILATION BUNDLE
CFA TESTS COMPILATION BUNDLE
[Show more]30 items
CFA 35: Capital Budgeting QUESTIONS AND ANSWERS 100%
$15.49
CFA 35: Capital Budgeting Given the following cash flows for a capital project, calculate the NPV and IRR. The required rate of return is 8 percent. Year 0 1 2 3 4 5 Cash flow −50,000 15,000 15,000 20,000 10,000 5,000 NPV IRR A $1,905 10.9% B $1,905 26.0% C $3,379 10.9% Co...
View example
Preview 2 out of 7 pages
Add to cartCFA 35: Capital Budgeting Given the following cash flows for a capital project, calculate the NPV and IRR. The required rate of return is 8 percent. Year 0 1 2 3 4 5 Cash flow −50,000 15,000 15,000 20,000 10,000 5,000 NPV IRR A $1,905 10.9% B $1,905 26.0% C $3,379 10.9% Co...
$15.49
Add to cart
CFA 36: Cost of Capital STUDY GUIDE QUESTIONS AND ANSWERS
$13.49
CFA 36: Cost of Capital The cost of equity is equal to the: expected market return. rate of return required by stockholders. cost of retained earnings plus dividends. B is correct. The cost of equity is defined as the rate of return required by stockholders. Which of the following...
View example
Preview 3 out of 17 pages
Add to cartCFA 36: Cost of Capital The cost of equity is equal to the: expected market return. rate of return required by stockholders. cost of retained earnings plus dividends. B is correct. The cost of equity is defined as the rate of return required by stockholders. Which of the following...
$13.49
Add to cart
CFA 42: Portfolio Risk & Return I
$13.49
CFA 42: Portfolio Risk & Return I An investor purchased 100 shares of a stock for $34.50 per share at the beginning of the quarter. If the investor sold all of the shares for $30.50 per share after receiving a $51.55 dividend payment at the end of the quarter, the holding period return is clo...
View example
Preview 2 out of 15 pages
Add to cartCFA 42: Portfolio Risk & Return I An investor purchased 100 shares of a stock for $34.50 per share at the beginning of the quarter. If the investor sold all of the shares for $30.50 per share after receiving a $51.55 dividend payment at the end of the quarter, the holding period return is clo...
$13.49
Add to cart
CFA 53: Introduction to Fixed-Income Valuation
$13.49
CFA 53: Introduction to Fixed-Income Valuation A portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays interest annually and matures in three years. If the required rate of return on the bond is 5%, the price of the bond per 100 of par value is closest to: ...
View example
Preview 4 out of 31 pages
Add to cartCFA 53: Introduction to Fixed-Income Valuation A portfolio manager is considering the purchase of a bond with a 5.5% coupon rate that pays interest annually and matures in three years. If the required rate of return on the bond is 5%, the price of the bond per 100 of par value is closest to: ...
$13.49
Add to cart
CFA 56: Fundamentals of Credit Analysis
$13.49
CFA 56: Fundamentals of Credit Analysis The risk that a bond's creditworthiness declines is best described by: credit migration risk. market liquidity risk. spread widening risk. Answer- A is correct. Credit migration risk or downgrade risk refers to the risk that a bond issuer's...
View example
Preview 2 out of 7 pages
Add to cartCFA 56: Fundamentals of Credit Analysis The risk that a bond's creditworthiness declines is best described by: credit migration risk. market liquidity risk. spread widening risk. Answer- A is correct. Credit migration risk or downgrade risk refers to the risk that a bond issuer's...
$13.49
Add to cart
CFA-L2 FIXED INCOME QUESTION AND ANSWERS 100% CORRECT
$13.49
READING 35 – THE TERM STRUCTURE AND INTEREST RATE DYNAMICS 1 Which forward rate cannot be computed from the one-, two-, three-, and four-year spot rates? The rate for a: A one-year loan beginning in two years. A two-year loan beginning in two years. A three-year loan beginning in two years. ...
View example
Preview 4 out of 44 pages
Add to cartREADING 35 – THE TERM STRUCTURE AND INTEREST RATE DYNAMICS 1 Which forward rate cannot be computed from the one-, two-, three-, and four-year spot rates? The rate for a: A one-year loan beginning in two years. A two-year loan beginning in two years. A three-year loan beginning in two years. ...
$13.49
Add to cart
CFA Level 1 - Ethics, Professional Standards, and GIPS QUESTIONS WITH COMPLETE SOLUTIONS
$13.99
Stakeholders correct answers Individuals or groups of individuals who could be affected either directly or indirectly by a decision (Have a stake in decision) Ethics correct answers A set of moral principles and rules of conduct that provide guidance for our behavior Moral/ethical princi...
View example
Preview 3 out of 26 pages
Add to cartStakeholders correct answers Individuals or groups of individuals who could be affected either directly or indirectly by a decision (Have a stake in decision) Ethics correct answers A set of moral principles and rules of conduct that provide guidance for our behavior Moral/ethical princi...
$13.99
Add to cart
CFA Level 2| 262 QUESTIONS| WITH COMPLETE SOLUTIONS
$13.99
Net realizable value (value inventory) correct answer: Sales price - (selling costs + completion costs) *all estimated figures Evaluate capital structure (3 considerations) correct answer: 1. Time series - changes in capital structure over time 2. Cross-sectional - compare with compe...
View example
Preview 4 out of 103 pages
Add to cartNet realizable value (value inventory) correct answer: Sales price - (selling costs + completion costs) *all estimated figures Evaluate capital structure (3 considerations) correct answer: 1. Time series - changes in capital structure over time 2. Cross-sectional - compare with compe...
$13.99
Add to cart
ECON - CFA level 2 Questions with complete solutions
$11.49
2 types Foreign exchange spreads correct answer: spreads quoted by dealer, and spread in interbank market spreads by dealer depends on correct answer: 1) spread in interbank market 2) size of transaction 3) relationship between dealer and client spread in interbank market depends on correc...
View example
Preview 2 out of 15 pages
Add to cart2 types Foreign exchange spreads correct answer: spreads quoted by dealer, and spread in interbank market spreads by dealer depends on correct answer: 1) spread in interbank market 2) size of transaction 3) relationship between dealer and client spread in interbank market depends on correc...
$11.49
Add to cart
CFA Level 1 - Quantitative Methods- questions with complete solutions
$10.49
Default Risk correct answer: Risk that a borrower will not make promised payments Liquidity Risk correct answer: Risk of recieving less than fair value for an investment if it must be sold for cash quickly Required Interest Rate on A Security correct answer: = Nominal Interest Rate + Defau...
View example
Preview 2 out of 9 pages
Add to cartDefault Risk correct answer: Risk that a borrower will not make promised payments Liquidity Risk correct answer: Risk of recieving less than fair value for an investment if it must be sold for cash quickly Required Interest Rate on A Security correct answer: = Nominal Interest Rate + Defau...
$10.49
Add to cart
CFA Level 1 Formulas| 245 Questions | With Complete Solutions
$12.99
Price change based on convexity correct answer: -duration(change in yield)+1/2(convexity)(change in yield)^2 Effective Duration correct answer: Required if a bond has embedded options: [(v-)-(v+)]/[2V0(change in curve)] Modified Duration correct answer: [(v-)-(v+)]/[2V0(change in yield)] ...
View example
Preview 3 out of 22 pages
Add to cartPrice change based on convexity correct answer: -duration(change in yield)+1/2(convexity)(change in yield)^2 Effective Duration correct answer: Required if a bond has embedded options: [(v-)-(v+)]/[2V0(change in curve)] Modified Duration correct answer: [(v-)-(v+)]/[2V0(change in yield)] ...
$12.99
Add to cart
CFA Level I Vocabulary 1464 questions with complete solutions
$25.99
A priori probability correct answer: A probability based on logical analysis rather than on observation or personal judgment. Abnormal profit correct answer: Equal to accounting profit less the implicit opportunity costs not included in total accounting costs; the difference between total reven...
View example
Preview 4 out of 193 pages
Add to cartA priori probability correct answer: A probability based on logical analysis rather than on observation or personal judgment. Abnormal profit correct answer: Equal to accounting profit less the implicit opportunity costs not included in total accounting costs; the difference between total reven...
$25.99
Add to cart
CFA Level 1 FRA questions with complete solutions
$10.49
Current Ratio correct answer: Current Assets divided by current liabilities Quick Ratio correct answer: Cash plus marketable securities plus receivables divided by current liabilities Cash Ratio correct answer: Cash plus marketable securities divided by current liabilities Defensive Inte...
View example
Preview 2 out of 11 pages
Add to cartCurrent Ratio correct answer: Current Assets divided by current liabilities Quick Ratio correct answer: Cash plus marketable securities plus receivables divided by current liabilities Cash Ratio correct answer: Cash plus marketable securities divided by current liabilities Defensive Inte...
$10.49
Add to cart
CFA level 1 questions with complete solutions
$10.49
faithful representation, substance over form, prudence, neutrality, completeness correct answer: According to the IFRS what are the 5 qualities of financial information that improve reliability Costs can be reliably measured correct answer: According to IFRS what condition must be met for reven...
View example
Preview 2 out of 14 pages
Add to cartfaithful representation, substance over form, prudence, neutrality, completeness correct answer: According to the IFRS what are the 5 qualities of financial information that improve reliability Costs can be reliably measured correct answer: According to IFRS what condition must be met for reven...
$10.49
Add to cart
CFA Level 1 - 101 Must Knows- 368 questions- with complete solutions
$17.99
Addition Rule of Probability correct answer: ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion correct answer: Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio correct answer: Sh...
View example
Preview 4 out of 72 pages
Add to cartAddition Rule of Probability correct answer: ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion correct answer: Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio correct answer: Sh...
$17.99
Add to cart
CFA Level 2| 115 questions| with complete solutions
$11.49
FCFF (using EBITDA) correct answer: FCFF = EBIDTA(1-T) + DEP(T) - Finv - Winv Converting FIFO to LIFO COGS correct answer: FIFO COGS = LIFO COGS - (End LIFO Reserve - Beg LIFO reserve) Engle- Granger Test correct answer: Test whether 2 variables are cointegrated. Regress 1 data series again...
View example
Preview 3 out of 20 pages
Add to cartFCFF (using EBITDA) correct answer: FCFF = EBIDTA(1-T) + DEP(T) - Finv - Winv Converting FIFO to LIFO COGS correct answer: FIFO COGS = LIFO COGS - (End LIFO Reserve - Beg LIFO reserve) Engle- Granger Test correct answer: Test whether 2 variables are cointegrated. Regress 1 data series again...
$11.49
Add to cart
CFA LEVEL 1| 275 QUESTIONS| WITH COMPLETE SOLUTIONS
$17.99
Financial Statement Analysis Framework correct answer: provides an overview of the methodology used by analysts to consistently analyze financial statements 1. articulate the purpose and context of analysis 2. collecting data 3. process the data 4. analyzing and interpreting the processed dat...
View example
Preview 4 out of 107 pages
Add to cartFinancial Statement Analysis Framework correct answer: provides an overview of the methodology used by analysts to consistently analyze financial statements 1. articulate the purpose and context of analysis 2. collecting data 3. process the data 4. analyzing and interpreting the processed dat...
$17.99
Add to cart
CFA Level 1: Quant| 221 QUESTIONS| WITH COMPLETE SOLUTIONS
$15.99
nominal risk free rate equals... correct answer: real risk free rate + expected inflation required interest rate on a security correct answer: nominal risk free rate + default risk premium + liquidity premium + maturity risk premium EAR or APY correct answer: (1+periodic rate)^m - 1 alwa...
View example
Preview 3 out of 30 pages
Add to cartnominal risk free rate equals... correct answer: real risk free rate + expected inflation required interest rate on a security correct answer: nominal risk free rate + default risk premium + liquidity premium + maturity risk premium EAR or APY correct answer: (1+periodic rate)^m - 1 alwa...
$15.99
Add to cart
CFA Exam questions with complete solutions
$12.99
Equity equals: correct answer: Assets - Liabilities = Equity (4)Shareholders' equity reported on the balance sheet is most likely to differ from the market value of shareholders' equity because: correct answer: B)Some factors that affect the generation of future cash flows are excluded. (8...
View example
Preview 3 out of 18 pages
Add to cartEquity equals: correct answer: Assets - Liabilities = Equity (4)Shareholders' equity reported on the balance sheet is most likely to differ from the market value of shareholders' equity because: correct answer: B)Some factors that affect the generation of future cash flows are excluded. (8...
$12.99
Add to cart
CFA Level 1 Questions with verified complete solutions
$10.49
What are the 4 types of measurement scales? correct answer: 1. Nominal Scales 2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment ret...
View example
Preview 2 out of 10 pages
Add to cartWhat are the 4 types of measurement scales? correct answer: 1. Nominal Scales 2. Ordinal Scales (Assigned to a category) 3. Interval Scales (Relative ranking) 4. Ratio Scales (Equal differences between scale values) NOIR When do we use geometric and arithmetic means to analyze investment ret...
$10.49
Add to cart
CFA- Level 1 Ethical & Professional Standards questions with complete solutions
$12.99
What are the seven standards of professional conduct? (LOS 1.b) correct answer: I: Professionalism II: Integrity of Capital Markets III: Duties to Clients IV: Duties to Employers V: Investment Analysis, Recommendations, and Actions VI: Conflicts of Interest VII: Responsibilities as a CFA Inst...
View example
Preview 3 out of 16 pages
Add to cartWhat are the seven standards of professional conduct? (LOS 1.b) correct answer: I: Professionalism II: Integrity of Capital Markets III: Duties to Clients IV: Duties to Employers V: Investment Analysis, Recommendations, and Actions VI: Conflicts of Interest VII: Responsibilities as a CFA Inst...
$12.99
Add to cart
CFA 1 Questions/Answers| with complete solutions
$12.99
In situations where the laws of a member or candidate's country of residence, the local laws of regions where the member or candidate does business, and the Code and Standards specify different requirements, the member or candidate must abide by: A. local law or the Code and Standards, whicheve...
View example
Preview 3 out of 29 pages
Add to cartIn situations where the laws of a member or candidate's country of residence, the local laws of regions where the member or candidate does business, and the Code and Standards specify different requirements, the member or candidate must abide by: A. local law or the Code and Standards, whicheve...
$12.99
Add to cart
CFA LEVEL III| 197 QUESTIONS| WITH COMPLETE SOLUTIONS
$12.99
Estate deffinition correct answer: is everything a person owns Probate correct answer: the legal process to confirm the validity of the will. what is intestate correct answer: when you die without a will and a court has to decide who gets what civil law vs common law courts correct answe...
View example
Preview 4 out of 35 pages
Add to cartEstate deffinition correct answer: is everything a person owns Probate correct answer: the legal process to confirm the validity of the will. what is intestate correct answer: when you die without a will and a court has to decide who gets what civil law vs common law courts correct answe...
$12.99
Add to cart
CFA Level 1| 1744 QUESTIONS| WITH COMPLETE SOLUTIONS
$26.99
For a positive integer n, the product of the first n positive integers; 0 factorial equals 1 by definition. n factorial is written as n!. correct answer: n Factorial Monetary value of economic resources used in performing an activity. These can be explicit, out-of-pocket, current payments, or an...
View example
Preview 4 out of 233 pages
Add to cartFor a positive integer n, the product of the first n positive integers; 0 factorial equals 1 by definition. n factorial is written as n!. correct answer: n Factorial Monetary value of economic resources used in performing an activity. These can be explicit, out-of-pocket, current payments, or an...
$26.99
Add to cart
2023 CFA Level 3| 151 QUESTIONS| WITH COMPLETE SOLUTIONS
$13.99
When doing FX calculations correct answer: When you do FX calculations, you should make the domestic currency the PRICE currency (so keep this in mind if a question gives the domestic currency as the BASE currency. If so, you have to flip it) Advising people depending on whether they exhibit emo...
View example
Preview 4 out of 35 pages
Add to cartWhen doing FX calculations correct answer: When you do FX calculations, you should make the domestic currency the PRICE currency (so keep this in mind if a question gives the domestic currency as the BASE currency. If so, you have to flip it) Advising people depending on whether they exhibit emo...
$13.99
Add to cart
CFA Level 3| 204 QUESTIONS| VERIFIED| WITH COMPLETE SOLUTIONS
$13.99
bounded rationality correct answer: individuals act as rationally as possible but are constrained by a lack of knowledge and cognitive ability satisfice correct answer: making a reasonable but not necessarily optimal decision the price is right correct answer: asset prices reflect and insta...
View example
Preview 3 out of 30 pages
Add to cartbounded rationality correct answer: individuals act as rationally as possible but are constrained by a lack of knowledge and cognitive ability satisfice correct answer: making a reasonable but not necessarily optimal decision the price is right correct answer: asset prices reflect and insta...
$13.99
Add to cart
cfa level 3| 997 questions| verified| with complete solutions
$27.99
Professionalism tenents (KIMM)? correct answer: -Knowledge of the law -Independence and objectivity -Misrepresentation -Misconduct Integrity of capital markets tenents? correct answer: -Material non-public information -Market manipulation Duties to clients are? correct answer: -...
View example
Preview 4 out of 172 pages
Add to cartProfessionalism tenents (KIMM)? correct answer: -Knowledge of the law -Independence and objectivity -Misrepresentation -Misconduct Integrity of capital markets tenents? correct answer: -Material non-public information -Market manipulation Duties to clients are? correct answer: -...
$27.99
Add to cart
CFA level 3| 117 questions| Verified| With Complete Solutions
$12.99
NAREIT correct answer: National Association Of Real Estate Investment Trusts - publically trade REITs - updated monthly - Index for Indirect real estate investment - real time, market cap weighted index of all REITs activel traded on NYSE and AMEX - relatively higher volatility than NCREIF inde...
View example
Preview 3 out of 29 pages
Add to cartNAREIT correct answer: National Association Of Real Estate Investment Trusts - publically trade REITs - updated monthly - Index for Indirect real estate investment - real time, market cap weighted index of all REITs activel traded on NYSE and AMEX - relatively higher volatility than NCREIF inde...
$12.99
Add to cart
CFA Level 3 2023 Official Glossary| 426 questions| verified| with complete solutions
$15.99
Absolute return benchmark correct answer: A minimum target return that an investment manager is expected to beat. Accounting defeasance correct answer: Also called in-substance defeasance, accounting defeasance is a way of extinguishing a debt obligation by setting aside sufficient high-quality...
View example
Preview 4 out of 62 pages
Add to cartAbsolute return benchmark correct answer: A minimum target return that an investment manager is expected to beat. Accounting defeasance correct answer: Also called in-substance defeasance, accounting defeasance is a way of extinguishing a debt obligation by setting aside sufficient high-quality...
$15.99
Add to cart
CFA Level 3| 207 questions| verified| with complete solutions
$12.99
Information Ration correct answer: IR ~ Info Coefficient (depth of knowledge) * SQRT[Investor Breadth] (# of decisions) Components of Total Active Return correct answer: True Active Return, Misfit Active Return, Total Active Risk, True Info Ratio True Active Return correct answer: = Manager...
View example
Preview 3 out of 22 pages
Add to cartInformation Ration correct answer: IR ~ Info Coefficient (depth of knowledge) * SQRT[Investor Breadth] (# of decisions) Components of Total Active Return correct answer: True Active Return, Misfit Active Return, Total Active Risk, True Info Ratio True Active Return correct answer: = Manager...
$12.99
Add to cart
Show all
Seller
Follow
Classroom
Reviews received
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Classroom. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $51.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
87035 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
Recently viewed by you
Exam (elaborations) ·
Test Bank for Advanced Financial Accounting 13th Edition By Theodore Christensen ISB NO:1260772136 Complete Guide
Package deal ·
SWIFT RIVER MEDICAL SURGERY PACKAGE DEAL
Exam (elaborations) ·
Essentials of System Analysis and Design, Valacich - Exam Preparation Test Bank (Downloadable Doc)
Exam (elaborations) ·
NRNP – 6645 Psychotherapy with Multiple Modalities Midterm Exam - Week 6
Exam (elaborations) ·
Test Bank Bontrager's Textbook of Radiographic Positioning and Related Anatomy, 9th Edition 2024 update by John Lampignano.pdf
Package deal ·
BUNDLE OF GRE EXAM 2023
Case ·
New Patients Swift river med surg covid New Patients Charlie Raymond , John Duncan, Carlos Mancia, kenny barrett, Tim Juorgnicealsn,urJsuinglia(CMMentoranl rOohe
Exam (elaborations) ·
Complete Test bank for Fundamentals of Anatomy and Physiology 11th Edition All Chapters! RATED A+
