Practice Problems from Past Tests/Quizzes by Topic

1. Accumulation Function, Simple & Compound Interest, and the Effective Interest Rate

2. Discount Rate and Discount Function

3. Nominal Interest and Discount Rate

4. Force of Interest

5. Net Present Value

6. Equations of Value

7. Rule of 72

8. Bottom Line Approach

9. Reinvestment Rates

10. Annuities Immediate and Due

11. Perpetuities

12. Deferred Annuities

13. Outstanding Loan Balances

14. Drop and Balloon Payments

15. Non-Level Annuities, Pattern of Payments undefined

16. Non-Level Annuities, Geometric Series

17. Non-Level Annuities, Arithmetic Series

18. Non-Level Annuities, Formula that does not follow the rules

19. Continuous Annuities

20. Loan Amortization

21. Bonds

22. Bond Amortization

23. Callable Bonds

24. Spot Rates and Forward Rates

25. Duration

26. Convexity

27. Duration and Convexity of a Portfolio

28. First Order Price Approximation

29. Immunization

Removed from Syllabus Effective October 2022

1. Approximate Dollar-Weighted Yield

2. Time-Weighted Yield

3. Treasury Bills

4. Determinants of Interest Rates

5. Dividend Discount Method

6. Interest Rate Swaps