author: michael d joehnk

The book focuses on both individual securities and portfolios, teaching students to consider the risk and return of different types of investments and how to use this knowledge to develop, implement, and monitor goals.

... Excel. The first equation looks like this Equation 14.3a 1Standard deviation22 Value 1 = Strike price 2 1Standard ... bell curve, and the standard normal distribution is a bell curve with a mean of zero and a standard deviation of one ...

Candidate Study Notes help candidates gain a solid understanding of the required readings provided by CFA Institute to achieve each of the related Learning Outcome Statements (LOS).

The latest book from Cengage Learning on CFA Candidate Study Notes, Level 1, Volume 3 - Economics, Derivatives, Alternate

Lawrence J. Gitman, Michael D. Joehnk, George E. Pinches. Advantages and Disadvantages . The basic advantage of common stock stems from the fact that it is a source of financing which places a minimum of constraints on the firm ...