Next Hardest Flashcards
Memorizing stuff that was still hard after two rounds of cards
Capm
Capital asset pricing model
Qualified business income deduct phase out (qbi)
326,600 to 426,600 phaseout mfj
163,300 to 213,300 single
Maximum loss in a partnership tax return
Basis
An LLC with greater than two members is a
LLP
What losses are allowed to be carried forward?
All, endlessly
What losses are allowed to be carried back?
None
Section 1244 loss
100,000 per year is ordinary, not a capital loss. It only applies to the first million dollars of stock initially issued. In addition to capital losses. S or c Corp
How does an eligible corporation become an s
By unanimous decision election of its shareholders
Tommy Jones cfp is meeting with a new client what is the first step he should take?
Provide the client with written disclosure of all material information
What is another name for the constant growth model?
Dividend discount model
What do the constant growth model in dividend discount model help you figure out?
Stock valuation
Quickly quote
Dividend times 1 plus the growth rate of the dividend over required rate of return minus growth rate of dividend
What is the difference between what a dividend is for a broker and a cfp?
The dividend includes the sale
What is rrr?
Required rate of return
What does r sub m stand for in volatility equations, risk equations?
Return of the market
What does r sub f stand for in a
Risk-free return
What are three subdivisions of fiduciary duty?
Loyalty, following client instructions
Usual amount for coinsurance
80%
What’s the only absolute measurement in
Alpha, Jensen’s alpha
Hazard
Increases likelihood of loss from apparel
What distinguishes insurance as a contract?
It is unilateral and aliaatory unequal exchange
GDP mnemonic
CIGNE
Difference between fiscal and monetary policy
TBR
Ird
Income in respect of a decedent
