CFA 2019 Schweser - Level 1 SchweserNotes Book 4: CORPORATE FINANCE, PORTFOLIO MANAGEMENT, AND EQUITY INVESTMENTS

Contents......Page 2
List of pages......Page 5
Learning Outcome Statements (LOS)......Page 13
Module 33.1: Stakeholder Management......Page 24
Module 33.2: Factors Affecting Corporate Governance......Page 31
Key Concepts......Page 38
Answer Key for Module Quizzes......Page 40
Module 34.1: Capital Projects, NPV, and IRR......Page 42
Module 34.2: Payback Period, Project Rankings......Page 49
Key Concepts......Page 57
Answer Key for Module Quizzes......Page 59
Module 35.1: Weighted Average Cost of Capital......Page 61
Module 35.2: Project Cost of Capital......Page 69
Key Concepts......Page 77
Answer Key for Module Quizzes......Page 80
Module 36.1: Measures of Leverage......Page 82
Key Concepts......Page 91
Answer Key for Module Quiz......Page 93
Module 37.1: Working Capital Management......Page 95
Key Concepts......Page 107
Answer Key for Module Quiz......Page 109
Topic Assessment: Corporate Finance......Page 110
Topic Assessment Answers: Corporate Finance......Page 113
Module 38.1: Portfolio Management Process......Page 115
Module 38.2: Pooled Investments......Page 119
Key Concepts......Page 123
Answer Key for Module Quizzes......Page 125
Module 39.1: Returns Measures......Page 127
Module 39.2: Covariance and Correlation......Page 131
Module 39.3: The Efficient Frontier......Page 134
Key Concepts......Page 143
Answer Key for Module Quizzes......Page 146
Module 40.1: Systematic Risk and Beta......Page 148
Module 40.2: The CAPM and the SML......Page 157
Key Concepts......Page 168
Answer Key for Module Quizzes......Page 170
Module 41.1: Portfolio Planning and Construction......Page 172
Key Concepts......Page 180
Answer Key for Module Quiz......Page 182
Module 42.1: Risk Management Introduction......Page 183
Key Concepts......Page 191
Answer Key for Module Quiz......Page 193
Module 43.1: Fintech in Investment Management......Page 194
Key Concepts......Page 200
Answer Key for Module Quiz......Page 201
Topic Assessment: Portfolio Management......Page 202
Topic Assessment Answers: Portfolio Management......Page 204
Module 44.1: Markets, Assets, and Intermediaries......Page 205
Module 44.2: Positions and Leverage......Page 213
Module 44.3: Order Execution and Validity......Page 217
Key Concepts......Page 226
Answer Key for Module Quizzes......Page 230
Module 45.1: Index Weighting Methods......Page 232
Module 45.2: Uses and Types of Indexes......Page 239
Key Concepts......Page 246
Answer Key for Module Quizzes......Page 249
Module 46.1: Efficient Markets......Page 251
Key Concepts......Page 260
Answer Key for Module Quiz......Page 262
Module 47.1: Types of Equity Investments......Page 263
Module 47.2: Foreign Equities and Equity Risk......Page 266
Key Concepts......Page 272
Answer Key for Module Quizzes......Page 274
Module 48.1: Industry Analysis......Page 275
Module 48.2: Pricing Power and Company Analysis......Page 282
Key Concepts......Page 291
Answer Key for Module Quizzes......Page 295
Module 49.1: Dividends, Splits, and Repurchases......Page 297
Module 49.2: Dividend Discount Models......Page 301
Module 49.3: Relative Valuation Measures......Page 309
Key Concepts......Page 319
Answer Key for Module Quizzes......Page 324
Topic Assessment: Equity Investments......Page 326
Topic Assessment Answers: Equity Investments......Page 329
Formulas......Page 331