Transcription of Level II Study Handbook Sample - uppermark.com
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Topic 3 Selected Hedge Fund Strategy Convertible Arbitrage 1 Copyright 2009 UpperMark, LLC. All rights reserved. Level II Study Handbook Sample The UpperMark Study Handbooks for Level II comprise 2 volumes, each covering about 6 Topics from the CAIA curriculum. This is a Sample of one of the Topic chapters. You will notice the material is very comprehensive, yet focused. It is clearly presented. > Keywords and learning objective statements are in bold italics so they stand out. > Formulas are explained and examples given for any calculation problem.
4 Topic 3 Selected Hedge Fund Strategy – Convertible Arbitrage • Graphically, the conversion value is a 45 degree straight line, starting from the origin of a
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