Doubts

Formula Sheet

Formula Sheet

by Sonja Madeleine Bikowski -
Number of replies: 1

Dear Professor,

would it be possible to include the Capital Market Line (CML) and Security Market Line (SML) formulas on the formula sheet for the exam? Having them readily available would be helpful for reference during the test and would give us more confidence when calculating.

Thank you in advance! 

Best,
Sonja

In reply to Sonja Madeleine Bikowski

Re: Formula Sheet

by Julio Crego -
Dear Sonja,

I think both are lines that you should know by heart. Although I dislike the formula sheet, I am happy to include formulas for which we have not seen the intuition behind (e.g., Duration approximation, annuities, etc.). However, we have studied CML and SML a lot.