Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

From Flashcardlet > CFA 2014 Formulas > Flashcards

CFA 2014 Formulas Flashcards

1
Q

Annualized Forward premium/discount

A

(forward rate - spot rate / spot rate)(360/#of days forward)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Interest Rate Parity

A

F/S = (1+rate D) / (1+rate F)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Relative PPP

A

S (1+inflation D / 1+inflation F)^t = E(St)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

International Fisher relation

A

(1+Rnominal D / 1+Rnominal F) = (1+inflation D / 1+inflation F)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Fisher Linear Approximation

A

R nominal D - R nominal F = E inflation D - E inflation F

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Uncovered interest rate parity

A

E(S1) / S = (1+Rate domestic / 1+Rate foreign)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Forward Contract Valuation at initiation, during the life of the contract and at expiration

A

Initiation- Zero, to prevent arbitrage During the life- current stock price - (forward price / (1+RF rate)^T-t) At expiration - Stock price - forward price

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Forward contracts on stock with dividends and fixed income securities

A

FP = (stock price - PV of expected dividends) (1+RF rate)^T During the life: Value long position = (Stock price - PV of remaining dividends) - (forward price / (1+ RF rate)^T-t)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Forward contract on a continuously compounding of dividend

A

FP = Stock Price * e^((Risk-free rate - continuous dividend yield)*T) During the Life: long position = (Stock price / e^(dividend yield*(T-t))) - (forward price / e^(risk free rate*(T-t)))

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

EVA

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

T-Test Formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

ANOVA Table Formulas

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

SampleCovariance and Correlation

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Slope Coefficient and Itnerecept Term

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

FCFF and FCFE from cash flow statement

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

AR and ARCH model formulas

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Batch Pagon and DW test

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Covered and Uncovered Interest Rate Parity

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

F Test and Adj R Squared Formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Fisher and PPP Formulas

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Foreign Currency forward contract prior to expiration formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Labor productivity and GDP growth Formulas

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

MSE and MSR ANOVA table formulas

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

Neoclassical Growth Theory Formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

Taylor Rule Formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

Two stage Model and PVGO

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

Active Return and Active Risk Formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

APT formula and expected return

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

Binomial Model Formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
30
Q

Bond forward pricing model formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
31
Q

Bond Forward Rate Model

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
32
Q

Capped and Floored Floret

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
33
Q

CDS formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
34
Q

continuous time price formula for forward contracts

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
35
Q

corporate finance after tax operating CF formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
36
Q

corporate financ initial outline formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
37
Q

Corporate finance, residual income, WACC, etc

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
38
Q

corporate finance terminal year cash flow formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
39
Q

credit risk analysis formulas

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
40
Q

currency forward contract pricing formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
41
Q

currency forward contract value formula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
42
Q

Current, quick and cash ratios

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
43
Q

debt service coverage, LTV, cap ratio, etc

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
44
Q

recievable turnover, defensive ratio, etc

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
45
Q

delta and dynamic hedging ratio fomula

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
46
Q

economic income, economic value add, etc

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
47
Q

effective tax trade, dividend distribution

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
48
Q

effective duration and convexity

A
49
Q

EPS and BVPS formula

A
50
Q

equity forward contract value formula

A
51
Q

equity forward contract price

A
52
Q

equity index forward contract

A
53
Q

equity index forward contract value

A
54
Q

exit NAV before and after distributions formulas

A
55
Q

expected active return, max risk and max Sharpe ratio formulas

A
56
Q

expiration of caplet and floorlets formulas

A
57
Q

FCF formula

A
58
Q

FCFE and FCFF from CF statement

A
59
Q

FCFE from FCFF formula

A
60
Q

FCFE form NI and CFO

A
61
Q

FCFF from NI, CFO, EBIT, EBITDA

A
62
Q

FIFO COGS, ending inventory

A
63
Q

financial leverage and debt to equity ratios

A
64
Q

Fixed income foward contract price formula

A
65
Q

fixed income forward contract value formula

A
66
Q

fixed swap rates with 4 payments formula

A
67
Q

forward contract pricing formula

A
68
Q

forward price for commodities

A
69
Q

forward price for zero coupon bond

A
70
Q

forward put call parity

A
71
Q

forward value at initiation, during the life of the contract, and at expiration formulas

A
72
Q

futures formulas

A
73
Q

futures price formula

A
74
Q

generalized no arb futures price

A
75
Q

GGM risk premium estimate

A
76
Q

gordon growth model formula

A
77
Q

H model formula

A
78
Q

HHI Index Formula

A
79
Q

Information ratio formula

A
80
Q

interest coverage, payout ratio formulas

A
81
Q

DSO, DOH, inventory turn ratios

A
82
Q

Inventory depreciation life, average age, ect

A
83
Q

Justified dividend ratio

A
84
Q

Justified P/CF ratio

A
85
Q

Justified PB ratio

A
86
Q

Justified PS ratio

A
87
Q

Justified leading and trailing PE ratio

A
88
Q

LIBOR OIS formula

A
89
Q

Merger Formulas

A
90
Q

MM proposal formulas

A
91
Q

NAV approach for REIT’s

A
92
Q

NCREIF Index formula

A
93
Q

NOI Real Estate formula

A
94
Q

payable turns and asset turn ratios

A
95
Q

Payoff to cap buyers

A
96
Q

Payoff to floor buyers

A
97
Q

Pension Funding Status and periodic pension expense

A
98
Q

Portfolio Management Formulas

A
99
Q

Price of T period forward bond

A
100
Q

price to FFO and AFFO for REITS

A
101
Q

put call parity for European options

A
102
Q

Put call parity for european options with cash flow

A
103
Q

Real Estate Cap rate, discount rate, etc

A
104
Q

real easte gross income mutiplier

A
105
Q

Residential Income Models

A
106
Q

return on total equity

A
107
Q

required rate of return for credit risky bonds

A
108
Q

ROA and return on total capital formulas

A
109
Q

Sharpe Ratio and Information Ratio formulas

A
110
Q

Single stage FCFF and FCFE models

A
111
Q

sustainable growth rate formula

A
112
Q

TED spread formula

A
113
Q

terminal value for FCF formula

A
114
Q

treasury bond futures conract price formula

A
115
Q

VC formulas

A
116
Q

WACC

A
117
Q

Pension

Total periodic pension expense

A

Plan contributions minus the change in funded status.

employer contribution - (ending funded status - beginning funded status)

118
Q

Pre offere defense mechanisms

A

poison pill

poison put

restrictive takeover laws

staggered board

restricted voting rights

supermajority voting provision for mergers

fair price amendement

golden parachutes

119
Q

Post defense mechanisms

A

Just Say NO

Litigation

Greenmail

Share repurchase

leveraged recap

crown jewel defense

pac man defense

white knight defense

white squire defense

From Flashcardlet (2 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions