Tag: cfa-quant
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CFA Level 1 Review, Quantitative Finance: Sampling & Estimation and Hypothesis Testing (Part I)
Good evening everybody, First of all, I would like to thank you all for the feedback you provided me with on Facebook and personally. I understand that this kind of reviews have been quite appreciated, even for people who are actually only considering taking the CFA in the future. I decided to skip the part…
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CFA Level 1 Review: Quantitative Finance, Time Value of Money.
In this post, I will present a summary of the quantitative finance part of the CFA Level 1 exam. The time value of money is a trivial concept in Finance, which can be summarized as “one dollar today is better than one dollar tomorrow“, because of the risk-free interest rate \(r\). The following formulas allow…