Formulas Flashcards
1
Q
Current Yield
A
Annual Interest in Dollars / Current Market Price of Security
2
Q
Property’s Intrinsic Value
A
Net Operating Income / Capitalization Rate
3
Q
Intrinsic Value of a Call
A
Market Price - Exercise Price
4
Q
Intrinsic Value of a Put
A
Exercise Price - Mkt Price
5
Q
Tax-Exempt Yield
A
Taxable Yield x (1 - Marginal Tax Rate)
6
Q
Return on Equity
A
EPS / Net Worth or Book Value
7
Q
Dividend Payout Ratio
A
Common Dividends Paid / EPS
8
Q
Margin Call
A
(1 - Initial Margin Requirement / 1- Maintenance Margin %) x Purchase Price of Stock
9
Q
PE Ratio
A
Current Mkt Price / EPS
10
Q
Reduced Social Security Benefit
A
PIA - ([Number of months before FRA / 180] x PIA)
