Tag Archives: CFA Level 1

May 2021 CFA Level I Results at Historical Low, only 25% Pass

The May 2021 numbers for the level I exams have recently been made public, a result that saw only a quarter of test takers get a pass. This is an extremely low pass rate and to put this number into … Continue reading

Posted in CFA General | Tagged , , | Leave a comment

Calculators in the CFA Exam

Although the CFA exam isn’t a number crunching exam, you will come across numerous questions that require the use of a calculator. Your two weapons of choice are the Texas Instrument BA II Plus and the Hewlett Packard 12C. Before … Continue reading

Posted in Uncategorized | Tagged | Leave a comment

The Time Value of Money

The Time Value of Money is a core concept in finance. If you are in the early stages of your studies in the field of finance then this is a concept that you want to ensure that you understand well. … Continue reading

Posted in CFA, CFA General | Tagged | Leave a comment

The Dividend Discount Model

The Dividend Discount Model, also known as the Gordon Growth Model is a formula that allows us to calculate the intrinsic value of a stock. The model assumes that the fair value of a stock is the present value of … Continue reading

Posted in Uncategorized | Tagged | Leave a comment

What Is Duration and Why Does it Matter?

Throughout your studies of fixed income, very often you will have come across the concept of Duration. So why is it so important? Duration measures the sensitivity of your bond to changes in interest rate. Let’s say interest rates drop … Continue reading

Posted in CFA | Tagged | Leave a comment