cfa-level-1-exam/
10 pages · Updated June 15, 2026
Pages
- cfa-level-1-exam/quantitative-methods/money-weighted-and-time-weighted-rates-of-return/index.html
- cfa-level-1-exam/corporate-issuers/capital-allocation/index.html
- Components of Shareholders’ Equity | CFA Level 1
- **Distinguishing Accounting and Economic Goodwill**
- Types of Real Options
- Fluctuations in Workforce and Company Costs
- Financial Ratios
- CFA® Exam Prep
- Structured financial instruments comprise a range of products designed to repackage and redistribute risk. They are pre-packaged investments based on a single security, a basket of securities, options, commodities, debt issuance or foreign currencies, and to a lesser extent, derivatives. They include asset-backed securities (ABS) and collateralized debt obligations (CDOs). There is no universally accepted taxonomy used to subdivide and classify structured financial instruments. For the purpose of this reading, we look at the following four categories.
- **Gordon (Constant) Growth Dividend Discount Model**