Exam 1 Formulas - Formulas you should memorize for exam 1...

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Formulas you should memorize for exam 1: Total Dollar Return of Stock = Dividend Income + Capital Gain or Loss Dividend yield = D t + 1 P t Capital gains yield = P ( ¿¿ t + 1 P t ) P t ¿ Percent Return on a Stock = Dividend Income + CapitalGain Loss Beginning Stock Price Per Share Percentage Return = Dividend yield + Capital gains yield Standard Deviation = = Variance Arithmetic Average Return = i = 1 n yearlyreturn n Risk Premium = Expected Return – Risk-free Rate Margin and margin requirements for long and short positions. Amount repaid = Amount borrowed x (1 + interest rate per year) t Net Asset Value = Net Assets SharesOutstanding
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
TERM EXAM 1 FORMULAS Call option break-even price = Strike price + option premium Put option break-even price = Strike price – option premium Turnover = Thelesser of total purchases
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern