Describe the key characteristics of rights, warrants, and limited partnerships.

Describe the key characteristics of stock-like instruments used in employee compensation, as well as those of nontraditional investments.

Explain the three forms of the efficient market hypothesis (EMH).

Describe serial correlation tests and filter rule tests, and indicate their significance.

Define an anomaly and identify various anomalies that have been tested.

Define the common sentiment, flow-of-funds, and market structure indicators, and indicate which are bullish, which are bearish, and why.

Describe how bar and point-and-figure charts are constructed, and how one interprets a chart pattern, such as a head-and-shoulders formation.

Compute a time-weighted rate of return.

Compute a PPR when there are interim cash flows and convert a sequence of monthly or quarterly rates of return to an annual rate of return.

Describe some of the more commonly used indices and their deficiencies.