Exam (elaborations)
CFA Level 1 - 101 Must Knows
- Course
- Institution
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 R...
[Show more]