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CFA LEVEL 1 FORMULAS OVER 240 APPLIED FOMULAS FOR  ECONOMICS GOOD PRACTICE MATERAIL FOR UPCOMING EXAMS  NEW UPDATE 2022
  • CFA LEVEL 1 FORMULAS OVER 240 APPLIED FOMULAS FOR ECONOMICS GOOD PRACTICE MATERAIL FOR UPCOMING EXAMS NEW UPDATE 2022

  • Exam (elaborations) • 13 pages • 2022
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  • Price change based on convexity - -duration(change in yield)+1/2(convexity)(change in yield)^2 Effective Duration - Required if a bond has embedded options: [(v-)-(v+)]/[2V0(change in curve)] Modified Duration - [(v-)-(v+)]/[2V0(change in yield)] Future Value - PV(1+(I/Y)^N) PV - FV/(1+r)^n PV of perpetuity - PMT / discount rate Approximate percentage price change of a bond - (-)(modified duration)(ΔYTM) Nominal Risk Free - Real Risk Free + expected inflation Required Return - Nominal...
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