Appendix A
Memorizing Important Figures and Formulas
You can’t bring your notes (or this Appendix!) into the exam center, so be sure to squirrel the following info away in your brain and write it on the scrap paper provided after the test begins.
Adjust for stock splits (Chapter 6)
Determine the outstanding shares (Chapter 6)
Outstanding shares = issued shares – treasury stock
Rights formula (Chapter 6)
Ex-rights formula (Chapter 6)
Calculate the current yield of a stock or bond (Chapter 7)
Calculate the conversion ratio of a convertible preferred stock or convertible bond (Chapter 7)
Bond seesaw (Chapter 7)
Calculate the taxable equivalent yield of a municipal bond (Chapter 8)
Long ...
