Material on the first exam

Since we jumped around a bit last weekend, I wanted to be explicit about what will be on the first exam on July 8th. The following is fair game for exam questions.

• All of chapter 1
• Chapter 2 to page 55- the structure of financial statements and accounting conventions as seen in the videos
• http://fil440.blogspot.com/2010/09/structure-of-financial-statements-two.html
• http://fil440.blogspot.com/2010/09/accounting-conventions-two-part-video.html
• All of chapter 3 - financial statement analysis
• All of chapter 4 - time value of money
• Most of chapter 5 - but especially valuation and finding the YTM. But NOT yield to call, yield curve/term structure stuff.
• All of chapters 6 and 7

I'd say that is more than plenty.   You will have 2 hours to complete the exam, but I expect it won't take most of you that long.  Feel free to use the full 2 hours.  Don't forget your opportunity for a 8.5" x 11" notes page - you can write on both sides.

Have a Happy Fourth of July!