The Coronavirus Pandemic is changing our lives. Here is some advice for CFA Level I candidates.
Present value is the current value of a future cash flow. Longer the time period till the future amount is received, lower the present value. Higher the discount rate, lower the present value. Future value is the value to which an investment will grow after one or more compounding periods. Longer the time period till which the investment is allowed to grow, higher the future value. Higher the interest rate, the higher the future value. The future value and the present value of a single sum of money can be calculated by using the formulae given below or by using… Read More
Each year CFA Institute changes the curriculum by a few readings. Removing some readings and/or adding new ones. We have prepared a handy chart where you can quickly see the changes for the current year. Click on the blog post below. Level I Level II Level III