SCHWESERNOTES™ 2019 LEVEL II CFA® BOOK 3: EQUITY
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Author(s): Schweser, Kaplan
Series: LEVEL 2
Year: 2019
Language: English
Pages: 281
Contents......Page 2
List of pages......Page 4
Learning Outcome Statements......Page 10
Module 26.1: Equity Valuation: Applications and Processes......Page 17
Key Concepts......Page 25
Answer Key for Module Quizzes......Page 27
Module 27.1: Return Concepts......Page 29
Key Concepts......Page 45
Answer Key for Module Quizzes......Page 49
Module 28.1: Forecasting Financial Statements......Page 50
Module 28.2: Competitive Analysis and Growth Rate......Page 54
Key Concepts......Page 68
Answer Key for Module Quizzes......Page 72
Module 29.1: DDM Basics......Page 75
Module 29.2: Gordon Growth Model......Page 81
Module 29.3: Multiperiod Models......Page 87
Key Concepts......Page 106
Answer Key for Module Quizzes......Page 111
Module 30.1: FCF Computation......Page 117
Module 30.2: Fixed and Working Capital Computation......Page 121
Module 30.3: Net Borrowing and Variations of Formulae......Page 124
Module 30.4: Example......Page 129
Module 30.5: FCF Other Aspects......Page 132
Key Concepts......Page 150
Answer Key for Module Quizzes......Page 153
Module 31.1: P/E Multiple......Page 159
Module 31.2: P/B Multiple......Page 163
Module 31.3: P/S and P/CF Multiple......Page 165
Module 31.4: EV and Other Aspects......Page 172
Key Concepts......Page 191
Answer Key for Module Quizzes......Page 197
Module 32.1: Residual Income Defined......Page 202
Module 32.2: Residual Income Computation......Page 205
Module 32.3: Constant Growth Model for RI......Page 209
Module 32.4: Continuing Residual Income......Page 212
Module 32.5: Strengths/Weaknesses......Page 217
Key Concepts......Page 223
Answer Key for Module Quizzes......Page 227
Module 33.1: Private Company Basics......Page 232
Module 33.2: Income-Based Valuation......Page 237
Module 33.3: Market-Based Valuation......Page 250
Module 33.4: Valuation Discounts......Page 255
Key Concepts......Page 261
Answer Key for Module Quizzes......Page 265
Topic Assessment: Equity Valuation......Page 271
Topic Assessment Answers: Equity Valuation......Page 275
Formulas......Page 278
