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CFA level 1 Bundled Exams with complete solution
CFA level 1 Bundled Exams with complete solution
[Show more]CFA level 1 Bundled Exams with complete solution
[Show more]faithful representation, substance over form, prudence, neutrality, completeness - According to 
the IFRS what are the 5 qualities of financial information that improve reliability 
Costs can be reliably measured - According to IFRS what condition must be met for revenue 
recognition to occur? 
Curr...
Preview 2 out of 10 pages
Add to cartfaithful representation, substance over form, prudence, neutrality, completeness - According to 
the IFRS what are the 5 qualities of financial information that improve reliability 
Costs can be reliably measured - According to IFRS what condition must be met for revenue 
recognition to occur? 
Curr...
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 ...
Preview 3 out of 19 pages
Add to cartPrice 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 ...
Default Risk - Risk that a borrower will not make promised payments 
Liquidity Risk - Risk of recieving less than fair value for an investment if it must be sold for cash 
quickly 
Required Interest Rate on A Security - = Nominal Interest Rate 
+ Default Risk Premium 
+ Liquidity Premium 
+ Maturity...
Preview 2 out of 7 pages
Add to cartDefault Risk - Risk that a borrower will not make promised payments 
Liquidity Risk - Risk of recieving less than fair value for an investment if it must be sold for cash 
quickly 
Required Interest Rate on A Security - = Nominal Interest Rate 
+ Default Risk Premium 
+ Liquidity Premium 
+ Maturity...
Current Ratio - Current Assets divided by current liabilities 
Quick Ratio - Cash plus marketable securities plus receivables divided by current liabilities 
Cash Ratio - Cash plus marketable securities divided by current liabilities 
Defensive Interval Ratio -Cash plus marketable securities plus re...
Preview 2 out of 8 pages
Add to cartCurrent Ratio - Current Assets divided by current liabilities 
Quick Ratio - Cash plus marketable securities plus receivables divided by current liabilities 
Cash Ratio - Cash plus marketable securities divided by current liabilities 
Defensive Interval Ratio -Cash plus marketable securities plus re...
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