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Exam (elaborations)

IFIC Certification Prep: Must-Know Formulas for Success

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IFIC Certification Prep: Must-Know Formulas for Success

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IFIC Certification Prep: Must-Know Formulas
for Success

Total Assets - Total Liabilities ÷ Number of Shares/Units Outstanding - correct answer ✔✔Net
Asset Value Per Share/Unit (NAVPS/NAVPU)



Net Profit - Preferred Dividends paid ÷ # of Common Shares Issued - correct answer
✔✔Earnings Per Common Share (EPS)



Common Capital Stock + Retained Earnings + Contributed Surplus ÷ Number of Common Shares
Issued - correct answer ✔✔Book Value per Common Share (BVPS)



Annual Income ÷ Current Price of the Bond - correct answer ✔✔Current Yield for A Bond



Annual Income +/- Annual Price Change ÷ Average of Current Market Price and Maturity Price -
correct answer ✔✔Yield to Maturity



NAVPS ÷ 1 - Sales Charge (expressed as %) - correct answer ✔✔Front - End Load



# of Unemployed Persons ÷ Labour Force - correct answer ✔✔Unemployment Rate



[(CPI current year - CPI past year) ÷ CPI past year] x 100 - correct answer ✔✔Consumer Price
Index (CPI)



Current Years CPI Value - Previous Year CPI Value ÷ Previous Year CPI Value - correct answer
✔✔Inflation Rate

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