1
Q
Bond Conversion Value
A
(Par value/conversion price)x current market value of stock
2
Q
Calculation of Deductible Loss
A
Must be federally declared disaster
1- use lesser of basis or FMV
2-subtract any insurance coverage
3- subtract $100 floor
4 subtract 10% of AGI
3
Q
Installment sales (calculation of gain)
A
Profit/contract price= gross profit percentage
Then multiple the installment by the percentage
4
Q
Coefficient of Variation
A
SD/Avg return
CFP Shortcuts
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Decks in class (3)
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