Financial Exam Help 123

Month: September 2013

  • Bond Equivalent Yield (BEY)

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    by

    Bill Campbell
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    Because a large number of coupon-paying bonds make their coupon payments semiannually (e.g., US Treasury Notes and Bonds, and many corporate bonds), and each coupon payment is ½ of the annual coupon (i.e., each coupon is calculated as 0.5 × annual coupon rate × par), the default yield convention for bonds is that the annual…

  • Commodity Yields

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    by

    Bill Campbell
    in

    Most investors interested in commodity exposure do not get it through direct investments in commodities; they do not buy physical oil, or wheat, or gold, or pork bellies, or whatever.  Most investors (including mutual funds, ETFs, institutional investors, and individual investors) get commodity exposure through derivatives, specifically through commodity futures or forward contracts.  We’ll concentrate…

  • Ethics in General

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    by

    Bill Campbell
    in

    Ethics is one of the topics most dreaded by Level I CFA candidates.  (And, for what it’s worth, by Level II and Level III CFA candidates as well.)  The problem with ethics is that it seems vague: lots of grey, not so much black and white.  Fortunately, there are a few overall principles that can…

  • Level I – Alternative Investments

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    Bill Campbell
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    Here are some articles on Level I Alternative Investments.  If you’d like to see specific articles on Level I Alternative Investments, just ask. [menu name = “Level I Alternative Investments Articles”]

  • Level I – Derivatives

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    by

    Bill Campbell
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    Here are some articles on Level I Derivatives.  If you’d like to see more articles on Level I Derivatives, just ask. [menu name = “Level I Derivatives  Articles”]

  • Level I – Fixed Income Investments

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    by

    Bill Campbell
    in

    Here are some articles on Level I Fixed Income Investments.  If you’d like to see more articles on Level I Fixed Income, just ask. [menu name = “Level I Fixed Income Investments  Articles”]

  • Level I – Equity Investments

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    Bill Campbell
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    Here are some articles on Level I Equity Investments.  If you’d like to see more articles on Level I Equity, just ask. [menu name = “Level I Equity Investments  Articles”]

  • Level I – Portfolio Management

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    Bill Campbell
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    Here are some articles on Level I Portfolio Management.  If you’d like to see more articles on Level I PM, just ask. [menu name = “Level I Portfolio Management Articles”]

  • Level I – Corporate Finance

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    by

    Bill Campbell
    in

    Here are some articles on Level I Corporate Finance.  If you’d like to see more articles on Level I Corp Fin, just ask. [menu name = “Level I Corporate Finance Articles”]

  • Level I – Financial Reporting and Analysis

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    by

    Bill Campbell
    in

    Here are some articles on Level I Financial Reporting and Analysis.  If you’d like to see more articles on Level I FRA, just ask. [menu name = “Level I Financial Reporting and Analysis Articles”]