Macaulay duration Study guides, Revision notes & Summaries

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers 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 Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Central...

PAX Prep NLN Verbal Comprehension Passages Answered, 2022 The way Things Work It was the ancient Greeks who first had the idea that everything is made up of elements. They conjured up just four of them-earth, fire, wind and water. As it turned out, the idea was right but the elements were wrong. Modern elements are less evocative but more numerous. They make up just over one hundred basic substances. Some are commonplace, like hydrogen, oxygen, iron and carbon; others are rare and precious, ...

CFA Mock Exam Full 89 Questions with Answers 2023 if you were fired from a previous job and fail to tell your new emmployer is that a violation and if so of what? - CORRECT ANSWER yes, misconduct. this information could potentially harm your new employer and he needs to know man! degress of price discrimination - CORRECT ANSWER 1st degree-- know price that every consumer is willing to pay. 2nd degree-- price varies according to quanity demanded. sellers aren't able to distinguish classe...

if you were fired from a previous job and fail to tell your new employer is that a violation and if so of what? - correct answer yes, misconduct. this information could potentially harm your new employer and he needs to know man! degress of price discrimination - correct answer 1st degree-- know price that every consumer is willing to pay. 2nd degree-- price varies according to quanity demanded. sellers aren't able to distinguish classes or consumers. third degree-- charging different prices...

the risk that a borrower will not pay interest or premium as promised - answer-Credit Risk - Character - Capacity - Capital - Collateral - Valuation - Liquidity - Conditions - answer-The "Five Cs" of Credit Risk Control - answer-Sometimes a "Sixth C" is added to the list also known as "credit history," a detailed report on how an individual has attained and used credit in the past. also often include information on the person's employment history, past residential address...

CFA Level 1 Formulas Exams 245 Questions with Answers 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)] Future Value - CORRECT ANSWER PV(1+(I/Y)^N) PV - CORRECT ANSWER FV/(1+r)^n PV of perpetuity - CORRECT ANSWER PMT / discount rate Ap...

if you were fired from a previous job and fail to tell your new emmployer is that a violation and if so of what? - Answer- yes, misconduct. this information could potentially harm your new employer and he needs to know man! degress of price discrimination - Answer- 1st degree-- know price that every consumer is willing to pay. 2nd degree-- price varies according to quanity demanded. sellers aren't able to distinguish classes or consumers. third degree-- charging different prices to different...

If you were fired from a previous job and fail to tell your new employer is that a violation and if so of what? - ANSWER yes, misconduct. this information could potentially harm your new employer and he needs to know man! Degrees of price discrimination - ANSWER 1st degree-- know price that every consumer is willing to pay. 2nd degree-- price varies according to quantity demanded. sellers aren't able to distinguish classes or consumers. third degree-- charging different prices to different c...

Macaulay duration, modified duration, convexity, PRESENT VALUE OF MONEY, Functions of Financial Market, Financial Intermediaries, BOND UNDERWRITING, STOCK Vs. BONDS, CREDIT RATING, Financial risk, credit risk, SECURITIZATION, Expected loss and recovery rate, EQUITY VALUATION MULTIPLE, Efficient Market Hypothesis, DIVERSIFICATION AND PORTFOLIO RISK, CAPITAL ALLOCATION LINE, MARKOWITZ PORTFOLIO OPTIMIZATION, Autoregressive (AR) model, Monte Carlo Simulation, Capital Asset Pricing Model, CAPM, Fa...

Macaulay duration, modified duration, convexity, PRESENT VALUE OF MONEY, Functions of Financial Market, Financial Intermediaries, BOND UNDERWRITING, STOCK Vs. BONDS, CREDIT RATING, Financial risk, credit risk, SECURITIZATION, Expected loss and recovery rate, EQUITY VALUATION MULTIPLE, Efficient Market Hypothesis, DIVERSIFICATION AND PORTFOLIO RISK, CAPITAL ALLOCATION LINE, MARKOWITZ PORTFOLIO OPTIMIZATION, Autoregressive (AR) model, Monte Carlo Simulation, Capital Asset Pricing Model, CAPM, Fa...