What are the must know formulas that are difficult to remember for level 3.
Currently locked down most of Economics, PE, Forwards etc.
Theres a fair few in Tax and Estate Planning which I need to review in the next few weeks.
Which are the key formulae (that one may forget) we should spend time remembering?
Most important thing to remember is proper identification come test day.
#DontForget
You post the same thing every time … very unhelpful
Spending rate for an endowment under the smoothing rule… I would add that to the list.
Asking vague questions is summoning the trolls.
Check the CME equations
-Grinold Kroner, Taylor Rule, Cobb-Douglass
-Fed Ratio, Tobins Q, Equity Q
Also hedging with futures
-Adjusting duration, beta, breakeven for currency spread analysis
-The risk adjusted measures (Sharpe, treynor, m^2) and when to use them.
that said L3 isn’t plug and play…