Foreword vii Quantitative Methods (QM) Learning Module 1: Basics of Multiple Regression and Underlying Assumptions 3 Learning Module 2: Evaluating Regression Model Fit and Interpreting Model Results 5 Learning Module 3: Model Misspecification 8 Learning Module 4: Extensions of Multiple Regression 10 Learning Module 5: Time-Series Analysis 12 Learning Module 6: Machine Learning 21 Learning Module 7: Big Data Projects 25 Economics (EC) Learning Module 1: Currency Exchange Rates: Understanding Equilibrium Value 33 Learning Module 2: Economic Growth 43 Learning Module 3: Economics of Regulation 49 Financial Statement Analysis (FSA) Learning Module 1: Intercorporate Investments 55 Learning Module 2: Employee Compensation: Post-Employment and Share-Based 63 Learning Module 3: Multinational Operations 74 Learning Module 4: Analysis of Financial Institutions 83 Learning Module 5: Evaluating Quality of Financial Reports 86 Learning Module 6: Integration of Financial Statement Analysis Techniques 95 Learning Module 7: Financial Statement Modeling 97 Corporate Issuers (CI) Learning Module 1: Analysis of Dividends and Share Repurchases 103 Learning Module 2: Environmental, Social, and Governance (ESG) Considerations in Investment Analysis 111 Learning Module 3: Cost of Capital: Advanced Topics 113 Learning Module 4: Corporate Restructuring 118 Equity Valuation (EQ) Equity Valuation (Curriculum Book 3) Learning Module 1: Equity Valuation: Applications and Processes 123 Learning Module 2: Discounted Dividend Valuation 127 Equity Valuation (Curriculum Book 4) Learning Module 1: Free Cash Flow Valuation 135 Learning Module 2: Market-Based Valuation: Price and Enterprise Value Multiples 140 Learning Module 3: Residual Income Valuation 148 Learning Module 4: Private Company Valuation 152 Fixed Income (FI) Learning Module 1: The Term Structure and Interest Rate Dynamics 159 Learning Module 2: Arbitrage-Free Valuation Framework 165 Learning Module 3: Valuation and Analysis of Bonds with Embedded Options 168 Learning Module 4: Credit Analysis Models 176 Learning Module 5: Credit Default Swaps 180 Derivatives (DR) Learning Module 1: Pricing and Valuation of Forward Commitments 189 Learning Module 2: Valuation of Contingent Claims 196 Alternative Investments (AI) Learning Module 1: Overview of Types of Real Estate Investment 215 Learning Module 2: Investments in Real Estate through Private Vehicles 220 Learning Module 3: Investments in Real Estate through Publicly Traded Securities 225 Learning Module 4: Private Equity Investments 229 Learning Module 5: Introduction to Commodities and Commodity Derivatives 238 Portfolio Management (PM) Portfolio Management (Curriculum Book 5) Learning Module 1: Exchange-Traded Funds: Mechanics and Applications 249 Learning Module 2: Using Multifactor Models 252 Learning Module 3: Measuring and Managing Market Risk 257 Learning Module 4: Backtesting and Simulation 262 Portfolio Management (Curriculum Book 6) Learning Module 1: Economics and Investment Markets 265 Learning Module 2: Analysis of Active Portfolio Management 272 Learning Module 3: Trading Costs and Electronic Markets 278 Ethical and Professional Standards (ET) Learning Module 1: Code of Ethics and Standards of Professional Conduct 283 Learning Module 2: Guidance for Standards I-VII 283 Learning Module 3: Application of the Code and Standards 283.