Formula Sheet
Valuation
Gordon Growth ModelP = D₁ / (r − g)DDM
WACCrₑ·(E/V) + rᵈ·(1−t)·(D/V)DCF
EV/EBITDAEV = EBITDA × multipleComps
Terminal Value (Gordon)TV = FCFₙ·(1+g) / (WACC−g)DCF
Derivatives
Put-Call ParityC − P = S − K·e^(−rT)Options
Black-Scholes (Call)C = S·N(d₁) − K·e^(−rT)·N(d₂)B-S
Delta (Call)Δ = N(d₁)Greeks
Forward PriceF = S·e^(r−q)TForwards
Fixed Income
Bond PriceP = Σ C/(1+r)ᵗ + F/(1+r)ᵀYTM
Duration (Macaulay)D = Σ [t·PV(Cₜ)] / PRisk
Modified DurationD* = D / (1 + r/m)Risk
Statistics & Risk
Sharpe Ratio(Rₚ − Rf) / σₚPerformance
VaR (parametric)VaR = μ − z·σRisk
Betaβ = Cov(Rᵢ, Rₘ) / Var(Rₘ)CAPM
CAPME(Rᵢ) = Rf + β·(E(Rₘ) − Rf)CAPM