Once you know how to calculate the overall return of a position under different tax systems, it's time to put it all together to calculate an investor's blended tax rate.
Distinguishing between marginal and average tax rates and knowing how to calculate each should be worth a few points on the CFA exam. This post quickly summarizes all you need to know.
Knowing the CFA material is only the first step in passing the exam. This post is an in-depth breakdown for how to structure your last 60 days of prep so that you actually pass the test.
Everything you need to know about bank's as institutional investors for the CFA Level 3 exam.