Exam FM Formula Sheet

Quadratic Formula

What are all the ways to accumulate?

How to count?

(continuous annuity)

Continuous perpetuity

(continuous annuity)

What do you do for varying geometric annuities where i=r?

What are the annuity tricks?

-choose investments with positive NPVS or largest NPV

How to find IRR?

-choose investment with the greatest IRR

Premium vs Discount vs Par Bonds

For a callable bond with a constant redemption amount, the worst possible yield for investor occurs:

What type of rates are coupon rates always referring too?

nominal rates

First Mod Approximation

First Mac Approximation

Reddington Immunization

Full Immunization

Cash Flow Worksheet

What is the relationship between coupon rate and yield rate for a par bond?

They are equal

1

0

c

Chain Rule

Product Rule

Quotient Rule

Integrate