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Book 1 — Ernicat AND PROFESSIONAL STANDARDS AND QUANTITATIVE METHODS Readings and Learning Outcome Statements Study Session 1 - Ethical and Professional Standards... Self-Test — Ethical and Professional Standards. Study Session 2 — Quantitative Methods: Basic Concepts Study Session 3 - Quantitative Methods: Application ... Self-Test ~ Quantitative Methods .. Formulas... Appendices .... Index... SCHWESERNOTES™ 2011 CFA LEVEL 1 BOOK 1: ETHICAL AND PROFESSIONAL STANDARDS AND QUANTITATIVE METHODS ©2010 Kaplan, Inc. All rights reserved. Published in 2010 by Kaplan Schweser. Printed in the United States of America. ISBN: 978-1-4277-2742-8 / 1-4277-2742-2 PPN: 3200-0063 Tf this book does noc have the hologram with the Kaplan Schweser logo on che Back cover, ie was distibuced without permission of Kaplan Schweser, a Division of Kaplan, Inc. and isin direct violation of global copyrigh¢ laws. Your assistance in pursut potential violators of this law is greadly appreciate. Required GFA tasticute® dischimer: “CFA® and Chartered Financial Analyse® are trademarks owned by CFA Institute. CEA Instzute (formerly the Association for Investmem Management and Research) does not endorse, promore, review, or warrant the accuracy of the products or ttvices offered by Kaplan. Schweser.” Certain materials contained within this ext ate the copyrighted propersy of CFA Insticuce. The following, is the copyrighe disclosure for chese materials: “Copyright, 2011, CFA Institute. Reproduced and republished feom 2011 Learning Outcome Statements, Level 1, 2, and 3 questions from CFA® Program. Materials, CFA Institute Standards of Professional Conduct, and CFA Insticute’s Global Investment Petformance Standards with permission from CFA Institute. All Righes Reserved.” ‘These materials may not be copied without written permission from the author. The unauthorized duplication of these notes isa violation of global copyright laws and the CEA Institute Code of Ethics. ‘Your assistance in purviing potential violators of cis law is greatly appreciate. Disclaimer: The SchweserNores should be used in conjunction with che original readings asset forth by (CFA Institute in sheit 2011 CFA Lavel 1 Study Guide. The information contained in these Notes covers topics contained in che readings referenced by CFA Institute and is believed to be accurate. However, ther accuracy cannot be guaranteed nor is any warranty conveyed as to your ultimate exam suceess. The authors of the referenced readings have nat endorsed oF sponsoted these Notes WELCOME TO THE 2011 ScHWESERNOTES™ Thank you for srusting Kaplan Schweser to help you reach your goals. We are all very pleased to be able to help you prepare for che Level 1 CFA Exam. In this introduction, Twane to explain the resources included with the SchweserNotes, suggest how you can best use Schweser materials to prepare for the exam, and direct you coward other educational resources you will find helpful as you study for the exam. Besides che SchweserNotes themselves, there are many educational resources available at Schweser.com. Jusc log in using the individual username and password that you received when you purchased the SchweserNores. SchweserNotes™ These consist of five volumes chat include complete coverage of all 18 Study Sessions and all Learning Outcome Statements (LOS) with examples, Concept Checkers (multiple-choice questions for every topic review), and Comprehensive Problems for many topic reviews co help you master the material and check your progress. At the end of each major topic area, we include a Self-test. Self-test questions are created to be cexam-like in format and difficulty in order for you to evaluate how well your study of each topic has prepared you for the actual exam, Practice Questions To retain what you learn, itis important that you quiz yourself often. We offer CD, download, and online versions of the SchweserPro™ QBank, which contains thousands of Level 1 practice questions and explanations. Quizzes are available for each LOS, topic, or Study Session. Build your own exams by specifying the topics and the number of questions you choose Practice Exams Schweser offers six full 6-hour practice exams. Practice Exams Volume 1 and Volume 2 each contain three full 240-juestion exams. These are important cools for gaining the speed and skills you will need co pass the exam. Each book concains answers with full explanations for self-grading and evaluation. By entering your answers ac Schweser.com, you can use our Performance Teacker to find out how you have performed compared to other Schweser Level 1 candidates. Schweser Library We have created reference videos, some of which are available to all SchweserNotes purchasers, Schweser Library volumes are typically betweea 20 and 60 minutes in length and cover such topics as: “CFA Level 1 Exam Overview,” “Calculator Basics,” “Code and Standatds Overview,” and “Time Value of Money.” The full Schweser Library is included with our 16-week live or online classes and with our video inscruction (online or CDs). ©2010 Kaplan, Inc. Page 3

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