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34 Cards in this Set
- Front
- Back
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Net Worth = |
Assets - Liabilities
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Assets - Liabilities =
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Net Worth
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Dividend Yield =
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Annual Dividend / Current Market Price
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Annual Dividend / Current Market Price =
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Dividend Yield
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Issued Shares - Treasury Shares =
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Outstanding Shares
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Outsanding Shares =
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Issued Shares - Treasury Shares
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100 / Conversion Ratio =
(Equities) |
Conversion Price
(Equities) |
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Conversion Price =
(Equities) |
100 / Conversion Ratio
(Equities) |
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100 / Conversion Price =
(Equities) |
Conversion Ratio
(Equities) |
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Conversion Ratio =
(Equities) |
100 / Conversion Price
(Equities) |
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Current Yield =
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Annual Interest / Current Market Price
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Annual Interest / Current market Price =
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Current Yield
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Net Yield =
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Taxable Yield x (100% - Tax Bracket %)
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Taxable Yield x (100% - Tax Bracket %) =
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Net Yield
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Tax Equivalent Yield =
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Municipal Yield / (100% - Tax Bracket %)
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Municipal Yield / (100% - Tax Bracket %) =
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Tax Equivalent Yield
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Conversion Ratio =
(bonds) |
$1000 par value / conversion price
(bonds) |
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$1000 par value / conversion price =
(bonds) |
Conversion Ratio
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Conversion Price =
(bonds) |
$1000 / conversion ratio
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$1000 / conversion ratio =
(bonds) |
Conversion Price
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NAV (net asset value) =
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(Total Assets - Total Liabilities) / # of Shares Outstanding
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(Total Assets - Total Liabilities) / # of Shares Outstanding =
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NAV (net asset value)
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POP - NAV =
(Public Offering Price) |
Sales Charge (in dollar terms)
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Sales Charge (in dollar terms) =
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POP - NAV
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(POP - NAV) / POP =
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Sales Charge % (as a percentage of POP)
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Sales Charge % (as a percentage of POP) =
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(POP - NAV) / POP
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NAV / (1 - SC%) =
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POP
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POP =
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NAV / (1 - SC%)
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Annual Return =
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[(Ending NAV + Distributions - Initial NAV) / Initial NAV] x 100
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[(Ending NAV + Distributions - Initial NAV) / Initial NAV] x 100 =
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Annual Return
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Annual Expense Ratio =
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Total annual operating expenses / average assets
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Total annual operating expenses / average assets =
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Annual Expense Ratio
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Face amount - outstanding loans =
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Death benefit actually paid
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Death benefit actually paid =
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Face amount - outstanding loans
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