CFA Level I Calculation Glossary
TL;DR
A public glossary of key CFA calculation terms, including annuity, bond price, duration, NPV, IRR, present value, Sharpe ratio, time-weighted return, and yield to maturity.
High-Value Terms
- Duration measures a bond's sensitivity to interest rate changes.
- NPV is the present value of project cash flows net of the initial investment.
- TWR removes external cash flow timing, while MWR reflects investor cash flow timing.
Deep Links
- BA II Plus Calculator Shortcuts for CFA Level I
- Time Value of Money Calculations on the BA II Plus
- CFA Level I Quantitative Methods Calculation Guide
- CFA Level I Fixed Income Calculations
- NPV and IRR Calculations for CFA Level I
- How to Calculate Modified Duration
- Time-Weighted vs Money-Weighted Return
- Black-Scholes on BA II Plus
- BA II Plus: NPV Calculation Step by Step
- BA II Plus: IRR Calculation Step by Step