CorpFin - TT breadth

CFA Level II
#1

Hi All

To anyone who is hot on Corporate Finance, how encompassing do you find the TT’s? This is one of my weaker areas, I will be drilling questions but wondered if a decent score on TT’s means I am generally in a good place. I feel there is a lot of untested material here. Does anyone have a shortlist of the “testable topics”?

Eg.

Equivalent Annuities/LCM MM with/without taxes Static tradeoff theory Fall in price given tax rates & dividend amount Dividend Regimes Friedman/Utilitarian/Kantian/Justice Theory/Rights Theory HHI Takeover defense names Good practise for Corporate Governance Economic Profit (NOPAT - $WACC) Economic Income (ATOCF - Change in MV) Computing changes in NPV due to MACRS

thanks!

#2

There are plenty of economic profit questions in there. There is also definitely one economic income. There is MACRS in there. EAA a couple questions. Dividend regimes are there too as well as some HHI stuff. Infact, almost everything you listed was tested except alot of the merger defenses.

lol - are you sure you went through all the topic tests?

#3

Sorry to be more clear I was asking for things NOT in the TTs / A more complete list of testable topics :slight_smile:

So, have I missed anything on my list?

#4

All the capital budgeting questions!