{"id":8324,"date":"2025-06-24T16:58:14","date_gmt":"2025-06-24T07:58:14","guid":{"rendered":"https:\/\/triumphmind.com\/cfa\/?p=8324"},"modified":"2026-04-27T17:45:24","modified_gmt":"2026-04-27T08:45:24","slug":"word","status":"publish","type":"post","link":"https:\/\/triumphmind.com\/cfa\/2025\/06\/24\/word\/","title":{"rendered":"\u6700\u521d\u306b\u899a\u3048\u3066\u304a\u304d\u305f\u3044 CFA\u00ae\ufe0e\u82f1\u5358\u8a9e\u5e33 382 \u8a9e\uff01"},"content":{"rendered":"<p>CFA\u00ae\uff08\u7c73\u56fd\u8a3c\u5238\u30a2\u30ca\u30ea\u30b9\u30c8\uff09\u8a66\u9a13\u306b\u6311\u6226\u3057\u3088\u3046\u3068\u3059\u308b\u969b\u3001\u8ab0\u3082\u304c\u6700\u521d\u306b\u7a81\u304d\u5f53\u305f\u308b\u58c1\u304c\u300c\u82f1\u8a9e\u3078\u306e\u82e6\u624b\u610f\u8b58\u300d\u3067\u3059\u3002\u81a8\u5927\u306a\u82f1\u6587\u30c6\u30ad\u30b9\u30c8\u3092\u524d\u306b\u3001\u300c\u81ea\u5206\u306e\u82f1\u8a9e\u529b\u3067\u672c\u5f53\u306b\u592a\u5200\u6253\u3061\u3067\u304d\u308b\u306e\u304b\u300d\u3068\u4e0d\u5b89\u306b\u306a\u308b\u306e\u306f\u5f53\u7136\u306e\u3053\u3068\u3067\u3057\u3087\u3046\u3002<\/p>\n<p>\u305d\u3053\u3067\u4eca\u56de\u306f\u3001\u8a3c\u5238\u30a2\u30ca\u30ea\u30b9\u30c8\u8a66\u9a13\uff081\u6b21\u30fb2\u6b21\uff09\u3067\u5b66\u3076\u5185\u5bb9\u304b\u3089\u3001CFA\u00ae\ufe0e\u8a66\u9a13\u3067\u305d\u306e\u307e\u307e\u5229\u7528\u53ef\u80fd\u306a\u82f1\u5358\u8a9e\u3092382\u8a9e\u3092\u629c\u7c8b\u81f4\u3057\u307e\u3057\u305f\uff01<\/p>\n<p>\u65e5\u672c\u8a9e\u3067\u306f\u7406\u89e3\u3057\u3066\u3044\u308b\u3051\u3069\u3001\u82f1\u8a9e\u3060\u3068\u76f4\u3050\u306b\u610f\u5473\u304c\u30d1\u30c3\u3068\u51fa\u3066\u3053\u306a\u3044\u3053\u3068\u3063\u3066\u3042\u308a\u307e\u3059\u3088\u306d\u3002\u305d\u3093\u306a\u65b9\u306f\u3053\u3061\u3089\u306e\u5358\u8a9e\u5e33\u3092\u307e\u305a\u306f\u982d\u306b\u5165\u308c\u3066\u304a\u304d\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>CFA\u00ae\ufe0e Level 1\u306b\u30c1\u30e3\u30ec\u30f3\u30b8\u3059\u308b\u4e0a\u3067\u3053\u308c\u3089\u306e\u5358\u8a9e\u306f\u82f1\u8a9e\u3067\u30b5\u30af\u30c3\u3068\u7406\u89e3\u3057\u3066\u304a\u304d\u307e\u3057\u3087\u3046\u306d\u3002\u304d\u3063\u3068\u7686\u3055\u3093\u306e\u5b66\u7fd2\u306e\u624b\u52a9\u3051\u306b\u306a\u308b\u3068\u601d\u3044\u307e\u3059\u3088\u3002<\/p>\n<div class=\"jin-flexbox\">\n<div class=\"jin-shortcode-button jsb-visual-shiny jsb-hover-down\"><a href=\"https:\/\/magic-saturnalia-4a7.notion.site\/117f904fa297803cbfa6f1909cd17807?v=117f904fa29781198ba5000c7cb1bcad&amp;pvs=143\" target=\"_self\" style=\"background: linear-gradient(107.61deg, #54dcef 7.99%, #0794E8 91.12%); border-radius:50px;\">\u78ba\u8a8d\u3059\u308b<\/a><\/div>\n<\/div>\n<p>Financial Analyst Academy\uff08FA-Academy\uff09\u3067\u306f\u5408\u683c\u306b\u5f79\u7acb\u3064\u30b3\u30f3\u30c6\u30f3\u30c4\u3092\u7d99\u7d9a\u7684\u306b\u63d0\u4f9b\u3057\u3066\u304a\u308a\u307e\u3059\u3002\u3059\u3079\u3066\u306e\u30b3\u30f3\u30c6\u30f3\u30c4\u306b\u30a2\u30af\u30bb\u30b9\u3057\u305f\u3044\u65b9\u306f\u3001FA-Academy\u304c\u63d0\u4f9b\u3059\u308b<a href=\"https:\/\/cfa-secret-sauce.hp.peraichi.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Leveraged Support Course<\/a>\u3092\u305c\u3072\u3054\u5229\u7528\u304f\u3060\u3055\u3044\uff01<\/p>\n<p>FA-Academy\u3068\u4e00\u7dd2\u306b\u5408\u683c\u52dd\u3061\u53d6\u308a\u307e\u3057\u3087\u3046\uff01<\/p>\n<p>https:\/\/triumphmind.com\/cfa\/2025\/04\/12\/difference\/<\/p>\n<a href=\"https:\/\/triumphmind.com\/cfa\/present1\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9392 size-full\" src=\"https:\/\/triumphmind.com\/cfa\/wp-content\/uploads\/2025\/10\/1-1.jpg\" alt=\"(\u7121\u6599) CFA Level 1 \u65e5\u672c\u8a9e\u8981\u70b9\u96c6\u4ed8\u304d\uff017\u65e5\u9593\u30e1\u30fc\u30eb\u8b1b\u5ea7\u3010CFA Level 1 \u52dd\u5229\u306e\u65b9\u7a0b\u5f0f\uff01\u3011\" width=\"640\" height=\"360\" \/><\/a>\n<h2>CFA\u00ae\u53d7\u9a13\u306b\u5fc5\u8981\u306a\u82f1\u8a9e\u529b\u306e\u76ee\u5b89\u306f\uff1f<\/h2>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9649\" src=\"https:\/\/triumphmind.com\/cfa\/wp-content\/uploads\/2025\/06\/20.jpg\" alt=\"\" width=\"640\" height=\"360\" \/>\n<p>CFA\u00ae\u8a66\u9a13\u306b\u6311\u3080\u306b\u3042\u305f\u3063\u3066\u3001\u300cTOEIC\u4f55\u70b9\u304c\u5fc5\u8981\u3067\u3059\u304b\uff1f\u300d\u3068\u3044\u3046\u8cea\u554f\u3092\u3088\u304f\u3044\u305f\u3060\u304d\u307e\u3059\u3002\u81a8\u5927\u306a\u82f1\u8a9e\u306e\u8a2d\u554f\u3092\u524d\u306b\u3001\u8db3\u304c\u3059\u304f\u3093\u3067\u3057\u307e\u3046\u6c17\u6301\u3061\u306f\u75db\u3044\u307b\u3069\u3088\u304f\u308f\u304b\u308a\u307e\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001\u3053\u3053\u3067\u660e\u78ba\u306b\u3057\u3066\u304a\u304d\u305f\u3044\u306e\u306f\u3001CFA\u00ae\u306f\u82f1\u8a9e\u529b\u3092\u7af6\u3046\u8a66\u9a13\u3067\u306f\u306a\u304f\u3001\u3042\u304f\u307e\u3067\u91d1\u878d\u77e5\u8b58\u306e\u6df1\u3055\u3092\u554f\u3046\u8a66\u9a13\u3067\u3042\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n<p>\u65e5\u5e38\u4f1a\u8a71\u3084\u30d3\u30b8\u30cd\u30b9\u82f1\u8a9e\u306e\u30b9\u30b3\u30a2\u304c\u9ad8\u304f\u306a\u304f\u3066\u3082\u3001\u65e5\u672c\u306e\u8a3c\u5238\u30a2\u30ca\u30ea\u30b9\u30c8\uff08CMA\uff09\u3084USCPA\u3067\u57f9\u3063\u305f\u91d1\u878d\u30fb\u4f1a\u8a08\u306e\u30d0\u30c3\u30af\u30b0\u30e9\u30a6\u30f3\u30c9\u304c\u3042\u308c\u3070\u3001\u82f1\u8a9e\u306e\u30cf\u30f3\u30c7\u3092\u5c02\u9580\u77e5\u8b58\u3067\u5341\u5206\u306b\u88dc\u3046\u3053\u3068\u304c\u53ef\u80fd\u3067\u3059\u3002<\/p>\n<p>\u9006\u306b\u3001\u3069\u308c\u3060\u3051\u82f1\u8a9e\u304c\u5f97\u610f\u306a\u4eba\u3067\u3082\u3001\u91d1\u878d\u7279\u6709\u306e\u8a00\u3044\u56de\u3057\u3084\u5c02\u9580\u7528\u8a9e\u3092\u77e5\u3089\u306a\u3051\u308c\u3070\u3001\u554f\u984c\u306e\u610f\u5473\u3059\u3089\u7406\u89e3\u3067\u304d\u307e\u305b\u3093\u3002<\/p>\n<p>\u5927\u5207\u306a\u306e\u306f\u3001\u30b9\u30b3\u30a2\u3068\u3057\u3066\u306e\u82f1\u8a9e\u529b\u306b\u56fa\u57f7\u3059\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u5c02\u9580\u7528\u8a9e\u3092\u3044\u304b\u306b\u65e9\u304f\u7fd2\u5f97\u3059\u308b\u304b\u3067\u3059\u3002<\/p>\n<h2>\u6700\u521d\u306b\u899a\u3048\u3066\u304a\u304d\u305f\u3044CFA\u00ae\u82f1\u5358\u8a9e\u30ea\u30b9\u30c8<\/h2>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9650\" src=\"https:\/\/triumphmind.com\/cfa\/wp-content\/uploads\/2025\/06\/21.jpg\" alt=\"\" width=\"640\" height=\"360\" \/>\n<p>CFA\u00ae\u8a66\u9a13\u3067\u4f7f\u308f\u308c\u308b\u82f1\u5358\u8a9e\u3092\u52b9\u7387\u7684\u306b\u62bc\u3055\u3048\u308b\u3053\u3068\u3067\u3001\u82f1\u6587\u8aad\u89e3\u306e\u30b9\u30d4\u30fc\u30c9\u306f\u5287\u7684\u306b\u5411\u4e0a\u3057\u307e\u3059\u3002<\/p>\n<p>\u3053\u3053\u3067\u306f\u3001\u5404\u79d1\u76ee\u3067\u983b\u51fa\u3059\u308b\u3001\u5358\u8a9e\u3092\u6574\u7406\u3057\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002\u65e5\u672c\u8a9e\u3067\u7406\u89e3\u3057\u3066\u3044\u308b\u77e5\u8b58\u3092\u3001\u82f1\u8a9e\u306b\u5909\u63db\u3057\u3066\u3044\u304d\u307e\u3057\u3087\u3046\u3002<\/p>\n<h3>Financial Statement Analysis\uff08FSA\uff1a\u8ca1\u52d9\u8af8\u8868\u5206\u6790\uff09<\/h3>\n<p>\u8ca1\u52d9\u8af8\u8868\u5206\u6790\u306fLevel 1\u306b\u304a\u3044\u3066\u914d\u70b9\u6bd4\u91cd\u304c\u9ad8\u304f\u3001\u5408\u5426\u3092\u5206\u3051\u308b\u91cd\u8981\u79d1\u76ee\u3067\u3059\u3002<\/p>\n<p>\u4f1a\u8a08\u306e\u30eb\u30fc\u30eb\u306b\u57fa\u3065\u3044\u305f\u5358\u8a9e\u304c\u4e2d\u5fc3\u3068\u306a\u308b\u305f\u3081\u3001\u5b9f\u52d9\u7d4c\u9a13\u8005\u3084USCPA\u4fdd\u6301\u8005\u306b\u306f\u99b4\u67d3\u307f\u6df1\u3044\u3082\u306e\u304c\u591a\u3044\u30bb\u30af\u30b7\u30e7\u30f3\u3067\u3057\u3087\u3046\u3002<\/p>\n<p>\u305f\u3060\u3057\u3001CFA\u00ae\u8a66\u9a13\u3067\u306fIFRS\uff08\u56fd\u969b\u4f1a\u8a08\u57fa\u6e96\uff09\u3068US-GAAP\uff08\u7c73\u56fd\u4f1a\u8a08\u57fa\u6e96\uff09\u306e\u5dee\u7570\u304c\u983b\u7e41\u306b\u554f\u308f\u308c\u308b\u305f\u3081\u3001\u7528\u8a9e\u306e\u5b9a\u7fa9\u306b\u306f\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Allowance for Doubtful Accounts\uff1a\u8cb8\u5012\u5f15\u5f53\u91d1<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Deferred Tax Assets\uff1a\u7e70\u5ef6\u7a0e\u91d1\u8cc7\u7523<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Property, plant and equipment (PP&amp;E)\uff1a\u6709\u5f62\u56fa\u5b9a\u8cc7\u7523<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Goodwill\uff1a\u306e\u308c\u3093<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Other Comprehensive Income (OCI)\uff1a\u305d\u306e\u4ed6\u5305\u62ec\u5229\u76ca<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Impairment\uff1a\u6e1b\u640d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Days of Sales Outstanding (DSO)\uff1a\u58f2\u4e0a\u50b5\u6a29\u56de\u8ee2\u65e5\u6570<\/span><\/li>\n<\/ul>\n<\/div>\n<h3>Corporate Issuers\uff08\u4f01\u696d\u767a\u884c\u4f53\uff09<\/h3>\n<p>\u4f01\u696d\u306e\u6295\u8cc7\u5224\u65ad\u3084\u8cc7\u672c\u69cb\u6210\u3092\u6271\u3046\u3053\u306e\u30bb\u30af\u30b7\u30e7\u30f3\u306f\u3001\u8ad6\u7406\u69cb\u9020\u304c\u660e\u78ba\u3067\u3059\u3002\u6570\u5f0f\u3084\u8a08\u7b97\u30ed\u30b8\u30c3\u30af\u3068\u30bb\u30c3\u30c8\u3067\u899a\u3048\u308b\u3079\u304d\u5358\u8a9e\u304c\u4e2d\u5fc3\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u7279\u306b\u3001WACC\uff08\u52a0\u91cd\u5e73\u5747\u8cc7\u672c\u30b3\u30b9\u30c8\uff09\u3092\u69cb\u6210\u3059\u308bCost of Equity\uff08\u81ea\u5df1\u8cc7\u672c\u30b3\u30b9\u30c8\uff09\u3084Cost of Debt\uff08\u8ca0\u50b5\u30b3\u30b9\u30c8\uff09\u3068\u3044\u3063\u305f\u7528\u8a9e\u306f\u3001\u8a08\u7b97\u554f\u984c\u306e\u524d\u63d0\u3068\u3057\u3066\u6b20\u304b\u305b\u307e\u305b\u3093\u3002<\/p>\n<p>\u6295\u8cc7\u5224\u65ad\u306e\u57fa\u6e96\u3068\u306a\u308bNPV\uff08\u6b63\u5473\u73fe\u5728\u4fa1\u5024\uff09\u3084IRR\uff08\u5185\u90e8\u53ce\u76ca\u7387\uff09\u3001\u3055\u3089\u306b\u4f01\u696d\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u306b\u304a\u3051\u308bPrincipal-Agent Conflict\uff08\u30a8\u30fc\u30b8\u30a7\u30f3\u30b7\u30fc\u554f\u984c\uff09\u3068\u3044\u3063\u305f\u7528\u8a9e\u3082\u983b\u51fa\u3057\u307e\u3059\u3002<\/p>\n<p>\u3053\u308c\u3089\u306f\u5358\u306a\u308b\u6697\u8a18\u3067\u306f\u306a\u304f\u3001\u4f01\u696d\u306e\u4fa1\u5024\u3092\u6700\u5927\u5316\u3059\u308b\u305f\u3081\u306b\u3069\u3046\u52d5\u304f\u3079\u304d\u304b\u3068\u3044\u3046\u30b9\u30c8\u30fc\u30ea\u30fc\u306e\u4e2d\u3067\u899a\u3048\u308b\u306e\u304c\u52b9\u7387\u7684\u3067\u3059\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Weighted Average Capital Cost (WACC)\uff1a\u52a0\u91cd\u5e73\u5747\u8cc7\u672c\u30b3\u30b9\u30c8<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Net Present Value (NPV)\uff1a\u6b63\u5473\u73fe\u5728\u4fa1\u5024<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Internal Rate of Return (IRR)\uff1a\u5185\u90e8\u53ce\u76ca\u7387<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Opportunity Cost\uff1a\u6a5f\u4f1a\u8cbb\u7528<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sunk Cost\uff1a\u30b5\u30f3\u30af\u30b3\u30b9\u30c8<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Degree of Leverage (DOL)\uff1a\u55b6\u696d\u30ec\u30d0\u30ec\u30c3\u30b8<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Cash Conversion Cycle (CCC)\uff1a\u30ad\u30e3\u30c3\u30b7\u30e5\u30fb\u30b3\u30f3\u30d0\u30fc\u30b8\u30e7\u30f3\u30fb\u30b5\u30a4\u30af\u30eb<\/span><\/li>\n<\/ul>\n<\/div>\n<h3>Economics\uff08\u7d4c\u6e08\u5b66\uff09<\/h3>\n<p>Economics\uff08\u7d4c\u6e08\u5b66\uff09\u3067\u306f\u3001\u500b\u5225\u4f01\u696d\u306e\u610f\u601d\u6c7a\u5b9a\u3092\u5206\u6790\u3059\u308b\u30df\u30af\u30ed\u7d4c\u6e08\u5b66\u3068\u3001\u56fd\u5bb6\u30ec\u30d9\u30eb\u306e\u52d5\u5411\u3092\u6271\u3046\u30de\u30af\u30ed\u7d4c\u6e08\u5b66\u306e\u4e21\u9762\u304b\u3089\u3001\u5e02\u5834\u306e\u30e1\u30ab\u30cb\u30ba\u30e0\u3092\u8aad\u307f\u89e3\u304d\u307e\u3059\u3002<\/p>\n<p>CFA\u00ae\u8a66\u9a13\u306b\u304a\u3044\u3066\u306f\u3001\u6570\u5f0f\u306e\u6697\u8a18\u4ee5\u4e0a\u306b\u91d1\u878d\u7de9\u548c\u304c\u70ba\u66ff\u3084\u91d1\u5229\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u306a\u3069\u7d4c\u6e08\u4e8b\u8c61\u306e\u56e0\u679c\u95a2\u4fc2\u3092\u30ed\u30b8\u30c3\u30af\u3067\u7406\u89e3\u3059\u308b\u3053\u3068\u304c\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Marginal Cost\uff1a\u9650\u754c\u8cbb\u7528<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Perfectly Competitive Market\uff1a\u5b8c\u5168\u7af6\u4e89\u5e02\u5834<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fisher Equation\uff1a\u30d5\u30a3\u30c3\u30b7\u30e3\u30fc\u95a2\u4fc2\u5f0f<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Monetary Policy \/ Fiscal Policy\uff1a\u91d1\u878d\u653f\u7b56 \/ \u8ca1\u653f\u653f\u7b56<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Comparative Advantage\uff1a\u6bd4\u8f03\u512a\u4f4d<\/span><\/li>\n<\/ul>\n<\/div>\n<h3>Equity Investment\uff08\u682a\u5f0f\u6295\u8cc7\uff09<\/h3>\n<p>\u682a\u5f0f\u6295\u8cc7\u30bb\u30af\u30b7\u30e7\u30f3\u306f\u3001Level 1\u306e\u4e2d\u3067\u3082\u914d\u70b9\u6bd4\u7387\u304c\u9ad8\u304f\u3001\u5358\u306a\u308b\u8a08\u7b97\u3060\u3051\u3067\u306a\u304f\u3001\u5e02\u5834\u306f\u5e38\u306b\u6b63\u3057\u3044\u306e\u304b\u3001\u4f01\u696d\u4fa1\u5024\u306f\u3069\u3046\u6c7a\u307e\u308b\u306e\u304b\u3068\u3044\u3046\u6295\u8cc7\u54f2\u5b66\u306b\u8fd1\u3044\u8b70\u8ad6\u3092\u82f1\u8a9e\u306e\u5c02\u9580\u7528\u8a9e\u3067\u8aad\u307f\u89e3\u304f\u529b\u304c\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dividend Discount Model (DDM)\uff1a\u914d\u5f53\u5272\u5f15\u30e2\u30c7\u30eb<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Price-to-Earnings Ratio (P\/E Ratio)\uff1a\u682a\u4fa1\u53ce\u76ca\u7387<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Primary Market \/ Secondary Market\uff1a\u767a\u884c\u5e02\u5834 \/ \u6d41\u901a\u5e02\u5834<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Market Efficiency\uff1a\u5e02\u5834\u306e\u52b9\u7387\u6027<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Top Down Approach \/ Bottom Up Approach\uff1a\u30c8\u30c3\u30d7\u30c0\u30a6\u30f3\u30a2\u30d7\u30ed\u30fc\u30c1 \/ \u30dc\u30c8\u30e0\u30a2\u30c3\u30d7\u30a2\u30d7\u30ed\u30fc\u30c1<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Michael Porter\u2019s Five Forces\uff1a\u30de\u30a4\u30b1\u30eb\u30fb\u30dd\u30fc\u30bf\u30fc\u306e5\u3064\u306e\u529b<\/span><\/li>\n<\/ul>\n<\/div>\n<h3>Fixed Income\uff08\u50b5\u5238\u6295\u8cc7\uff09<\/h3>\n<p>Fixed Income\uff08\u50b5\u5238\u6295\u8cc7\uff09\u306f\u3001CFA\u00ae\u8a66\u9a13\u306e\u4e2d\u3067\u3082\u7528\u8a9e\u306e\u5b9a\u7fa9\u304c\u53b3\u683c\u3067\u6570\u5b66\u7684\u306a\u6b63\u78ba\u6027\u304c\u6c42\u3081\u3089\u308c\u308b\u79d1\u76ee\u3067\u3059\u3002<\/p>\n<p>\u91d1\u5229\u304c\u52d5\u3044\u305f\u3068\u304d\u306b\u4fa1\u683c\u304c\u3069\u3046\u52d5\u304f\u304b\u3092\u8a18\u8ff0\u3059\u308b\u5c02\u9580\u7528\u8a9e\u3092\u30de\u30b9\u30bf\u30fc\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Yield to Maturity (YTM)\uff1a\u6700\u7d42\u5229\u56de\u308a<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Yield Curve\uff1a\u30a4\u30fc\u30eb\u30c9\u30ab\u30fc\u30d6<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Modified Duration\uff1a\u4fee\u6b63\u30c7\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Convexity\uff1a\u30b3\u30f3\u30d9\u30af\u30b7\u30c6\u30a3<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Credit Spread\uff1a\u4fe1\u7528\u30b9\u30d7\u30ec\u30c3\u30c9<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Asset Backed Security (ABS)\uff1a\u8cc7\u7523\u62c5\u4fdd\u8a3c\u5238<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Senior-Subordinated Structure\uff1a\u512a\u5148\u52a3\u5f8c\u69cb\u9020<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Free Cash Flow to Equity (FCFE)\uff1a\u682a\u4e3b\u306b\u5e30\u5c5e\u3059\u308b\u30d5\u30ea\u30fc\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc<\/span><\/li>\n<\/ul>\n<\/div>\n<h3>Quantitative Methods\uff08\u30af\u30aa\u30f3\u30c4\uff09<\/h3>\n<p>Quantitative Methods\uff08\u30af\u30aa\u30f3\u30c4\uff09\u306f\u3001\u4ed6\u306e\u79d1\u76ee\u306e\u571f\u53f0\u3068\u306a\u308b\u7d71\u8a08\u5b66\u30bb\u30af\u30b7\u30e7\u30f3\u3067\u3059\u3002<br \/>\n\u6570\u5b66\u7684\u30fb\u7d71\u8a08\u7684\u306a\u6982\u5ff5\u3092\u82f1\u8a9e\u3067\u3069\u3046\u5b9a\u7fa9\u3057\u3001\u610f\u601d\u6c7a\u5b9a\u306b\u6d3b\u7528\u3059\u308b\u304b\u304c\u554f\u308f\u308c\u307e\u3059\u3002<\/p>\n<p>Standard Deviation\uff08\u6a19\u6e96\u504f\u5dee\uff09\u3084Hypothesis Testing\uff08\u4eee\u8aac\u691c\u5b9a\uff09\u3001Confidence Interval\uff08\u4fe1\u983c\u533a\u9593\uff09\u3068\u3044\u3063\u305f\u7d71\u8a08\u7528\u8a9e\u304c\u983b\u51fa\u3057\u307e\u3059\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Geometric Mean\uff1a\u5e7e\u4f55\u5e73\u5747<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Time-Weighted Average Return \/ Money-Weighted Average Return\uff1a\u6642\u9593\u52a0\u91cd\u53ce\u76ca\u7387 \/ \u91d1\u984d\u52a0\u91cd\u53ce\u76ca\u7387<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Standard Deviation\uff1a\u6a19\u6e96\u504f\u5dee<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Confidence Interval\uff1a\u4fe1\u983c\u533a\u9593<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Null Hypothesis \/ Alternative Hypothesis\uff1a\u5e30\u7121\u4eee\u8aac \/ \u5bfe\u7acb\u4eee\u8aac<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Type I Error \/ Type II Error\uff1a\u7b2c1\u7a2e\u306e\u8aa4\u308a \/ \u7b2c2\u7a2e\u306e\u8aa4\u308a<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Coefficient of Determination (R-squared)\uff1a\u6c7a\u5b9a\u4fc2\u6570<\/span><\/li>\n<\/ul>\n<\/div>\n<p>https:\/\/triumphmind.com\/cfa\/2025\/06\/30\/leveraged-support-course\/<\/p>\n<h3>Portfolio Management\uff08\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u7ba1\u7406\uff09<\/h3>\n<p>\u500b\u5225\u8cc7\u7523\u306e\u5206\u6790\u3092\u7d71\u5408\u3057\u3001\u9867\u5ba2\u306e\u76ee\u7684\u306b\u5408\u308f\u305b\u305f\u904b\u7528\u6226\u7565\u3092\u69cb\u7bc9\u3059\u308b\u305f\u3081\u306e\u30bb\u30af\u30b7\u30e7\u30f3\u3067\u3059\u3002\u5b9f\u52d9\u7684\u306a\u30a2\u30bb\u30c3\u30c8\u30a2\u30ed\u30b1\u30fc\u30b7\u30e7\u30f3\u306b\u95a2\u3059\u308b\u7528\u8a9e\u304c\u4e26\u3073\u307e\u3059\u3002<\/p>\n<p>\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u7ba1\u7406\u3067\u306f\u3001Efficient Frontier\uff08\u52b9\u7387\u7684\u30d5\u30ed\u30f3\u30c6\u30a3\u30a2\uff09\u3084Systematic Risk\uff08\u5e02\u5834\u30ea\u30b9\u30af\uff09\u3001Sharpe Ratio\u306a\u3069\u3001\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\u306e\u95a2\u4fc2\u3092\u8a18\u8ff0\u3059\u308b\u5358\u8a9e\u304c\u30dd\u30a4\u30f3\u30c8\u3067\u3059\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Efficient Frontier\uff1a\u52b9\u7387\u7684\u30d5\u30ed\u30f3\u30c6\u30a3\u30a2<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sharpe Ratio\uff1a\u30b7\u30e3\u30fc\u30d7\u30ec\u30b7\u30aa<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Capital Asset Pricing Model (CAPM)\uff1a\u8cc7\u672c\u8cc7\u7523\u8a55\u4fa1\u30e2\u30c7\u30eb<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Security Market Line (SML)\uff1a\u8a3c\u5238\u5e02\u5834\u7dda<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Systematic Risk \/ Unsystematic Risk\uff1a\u30b7\u30b9\u30c6\u30de\u30c6\u30a3\u30c3\u30af\u30ea\u30b9\u30af \/ \u30a2\u30f3\u30b7\u30b9\u30c6\u30de\u30c6\u30a3\u30c3\u30af\u30ea\u30b9\u30af<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tactical Asset Allocation (TAA) \/ Strategic Asset Allocation (SAA)\uff1a\u6226\u8853\u7684\u30a2\u30bb\u30c3\u30c8\u30a2\u30ed\u30b1\u30fc\u30b7\u30e7\u30f3 \/ \u6226\u7565\u7684\u30a2\u30bb\u30c3\u30c8\u30a2\u30ed\u30b1\u30fc\u30b7\u30e7\u30f3<\/span><\/li>\n<\/ul>\n<\/div>\n<h3>Ethics<\/h3>\n<p>\u502b\u7406\u898f\u5b9a\uff08Ethics\uff09\u306fCFA\u00ae\u8a66\u9a13\u306e\u4e2d\u3067\u3082\u91cd\u8981\u306a\u79d1\u76ee\u3067\u3042\u308a\u3001\u72ec\u7279\u306e\u8a00\u3044\u56de\u3057\u3084\u898f\u7bc4\u3092\u793a\u3059\u5358\u8a9e\u304c\u591a\u304f\u767b\u5834\u3057\u307e\u3059\u3002<\/p>\n<p>Material Nonpublic Information\uff08\u672a\u516c\u958b\u306e\u91cd\u8981\u60c5\u5831\uff09\u3084Fiduciary Duty\uff08\u53d7\u8a17\u8005\u8cac\u4efb\uff09\u3001Independence and Objectivity\uff08\u72ec\u7acb\u6027\u3068\u5ba2\u89b3\u6027\uff09\u3068\u3044\u3063\u305f\u3001\u30d7\u30ed\u3068\u3057\u3066\u9075\u5b88\u3059\u3079\u304d\u884c\u52d5\u57fa\u6e96\u3092\u6307\u3059\u7528\u8a9e\u304c\u4e26\u3073\u307e\u3059\u3002<\/p>\n<p>Ethics\u306e\u82f1\u6587\u306f\u3001\u5358\u8a9e\u306e\u610f\u5473\u3092\u77e5\u3063\u3066\u3044\u308b\u3060\u3051\u3067\u306a\u304f\u3001\u305d\u306e\u884c\u52d5\u304c\u30eb\u30fc\u30eb\u306b\u62b5\u89e6\u3059\u308b\u304b\u3069\u3046\u304b\u3068\u3044\u3046\u5fae\u5999\u306a\u30cb\u30e5\u30a2\u30f3\u30b9\u3092\u8aad\u307f\u53d6\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u554f\u984c\u6f14\u7fd2\u3092\u901a\u3058\u3066CFA\u00ae\u5354\u4f1a\u304c\u597d\u3080\u8868\u73fe\u306b\u6163\u308c\u3066\u304a\u304f\u3053\u3068\u304c\u30dd\u30a4\u30f3\u30c8\u3067\u3059\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Material Nonpublic Information\uff1a\u91cd\u8981\u672a\u516c\u958b\u60c5\u5831<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fiduciary Duty\uff1a\u53d7\u8a17\u8005\u8cac\u4efb<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Independence and Objectivity\uff1a\u72ec\u7acb\u6027\u3068\u5ba2\u89b3\u6027<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Misrepresentation\uff1a\u4e0d\u5b9f\u8868\u793a<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Conflict of Interest\uff1a\u5229\u76ca\u76f8\u53cd<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Front Running\uff1a\u30d5\u30ed\u30f3\u30c8\u30fb\u30e9\u30f3\u30cb\u30f3\u30b0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Suitability\uff1a\u9069\u5408\u6027<\/span><\/li>\n<\/ul>\n<\/div>\n<h3>Derivatives\uff08\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\uff09<\/h3>\n<p>\u4e00\u898b\u3059\u308b\u3068\u5c02\u9580\u6027\u304c\u9ad8\u304f\u96e3\u89e3\u306b\u898b\u3048\u307e\u3059\u304c\u3001\u5b9f\u306f\u4f7f\u308f\u308c\u308b\u5358\u8a9e\u306e\u7a2e\u985e\u306f\u305d\u308c\u307b\u3069\u591a\u304f\u3042\u308a\u307e\u305b\u3093\u3002\u5358\u8a9e\u306e\u30da\u30a2\uff08Call\/Put\u3001 Long\/Short\u306a\u3069\uff09\u3067\u899a\u3048\u308b\u306e\u304c\u52b9\u7387\u7684\u3067\u3059\u3002<\/p>\n<p>\u307e\u305a\u306f\u57fa\u672c\u3068\u306a\u308b4\u3064\u306e\u5951\u7d04\u5f62\u614b\uff08Forward \/ Future Contract\uff08\u5148\u6e21 \/ \u5148\u7269\u53d6\u5f15\uff09\u3001Swap Contract\uff08\u30b9\u30ef\u30c3\u30d7\u53d6\u5f15\uff09\u3001Option Contract\uff08\u30aa\u30d7\u30b7\u30e7\u30f3\u53d6\u5f15\uff09\uff09\u3092\u3001\u305d\u308c\u305e\u308c\u306e\u82f1\u8a9e\u306e\u5b9a\u7fa9\u3068\u3068\u3082\u306b\u7406\u89e3\u3059\u308b\u3053\u3068\u304c\u653b\u7565\u306e\u8fd1\u9053\u3067\u3059\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Forward Contract \/ Future Contract\uff1a\u5148\u6e21\u53d6\u5f15 \/ \u5148\u7269\u53d6\u5f15<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Forward Rate Agreement (FRA)\uff1a\u30d5\u30a9\u30ef\u30fc\u30c9\u30ec\u30fc\u30c8\u30a2\u30b0\u30ea\u30fc\u30e1\u30f3\u30c8\uff08\u91d1\u5229\u5148\u6e21\u5951\u7d04\uff09<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Swap Rate\uff1a\u30b9\u30ef\u30c3\u30d7\u30ec\u30fc\u30c8\uff08\u56fa\u5b9a\u91d1\u5229\uff09<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Call Option \/ Put Option\uff1a\u30b3\u30fc\u30eb\u30aa\u30d7\u30b7\u30e7\u30f3 \/ \u30d7\u30c3\u30c8\u30aa\u30d7\u30b7\u30e7\u30f3<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">European Option \/ American Option\uff1a\u30e8\u30fc\u30ed\u30d4\u30a2\u30f3 \/ \u30a2\u30e1\u30ea\u30ab\u30f3\u30fb\u30aa\u30d7\u30b7\u30e7\u30f3<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">In The Money (ITM) \/ Out of The Money (OTM)\uff1a\u30a4\u30f3\u30fb\u30b6\u30fb\u30de\u30cd\u30fc \/ \u30a2\u30a6\u30c8\u30fb\u30aa\u30d6\u30fb\u30b6\u30fb\u30de\u30cd\u30fc<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Put Call Parity\uff1a\u30d7\u30c3\u30c8\u30fb\u30b3\u30fc\u30eb\u30fb\u30d1\u30ea\u30c6\u30a3\uff08\u4fa1\u683c\u306e\u5747\u8861\u95a2\u4fc2\uff09<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Implied Volatility\uff1a\u30a4\u30f3\u30d7\u30e9\u30a4\u30c9\u30fb\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff08\u4e88\u60f3\u5909\u52d5\u7387\uff09<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Contango \/ Backwardation\uff1a\u30b3\u30f3\u30bf\u30f3\u30b4 \/ \u30d0\u30c3\u30af\u30ef\u30fc\u30c7\u30fc\u30b7\u30e7\u30f3<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Convenience Yield\uff1a\u30b3\u30f3\u30d3\u30cb\u30a8\u30f3\u30b9\u30fb\u30a4\u30fc\u30eb\u30c9<\/span><\/li>\n<\/ul>\n<\/div>\n<h3>Alternative Investments\uff08\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\uff09<\/h3>\n<p>Alternative Investments\uff08\u30aa\u30eb\u30bf\u30ca\u30c6\u30a3\u30d6\u6295\u8cc7\uff09\u3067\u306f\u3001\u4e0d\u52d5\u7523\uff08Real Estate\uff09\u3001\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30a8\u30af\u30a4\u30c6\u30a3\u3001\u30b3\u30e2\u30c7\u30a3\u30c6\u30a3\u306a\u3069\u3001\u4f1d\u7d71\u7684\u306a\u682a\u5f0f\u3084\u50b5\u5238\u4ee5\u5916\u306e\u8cc7\u7523\u30af\u30e9\u30b9\u3092\u6271\u3044\u307e\u3059\u3002<\/p>\n<p>\u3053\u308c\u3089\u306e\u8cc7\u7523\u306f\u5e02\u5834\u306e\u6d41\u52d5\u6027\u304c\u4f4e\u304f\u3001\u8a55\u4fa1\u624b\u6cd5\u3082\u7279\u6b8a\u3067\u3042\u308b\u305f\u3081\u3001\u5b9f\u52d9\u306b\u5373\u3057\u305f\u5c02\u9580\u7528\u8a9e\u3092\u6b63\u78ba\u306b\u628a\u63e1\u3059\u308b\u3053\u3068\u304c\u30dd\u30a4\u30f3\u30c8\u3067\u3059\u3002<\/p>\n<div class=\"kaisetsu-box5\">\n<div class=\"kaisetsu-box5-title\">\u4e3b\u306a\u82f1\u5358\u8a9e<\/div>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Notional Principal Amount\uff1a\u60f3\u5b9a\u5143\u672c<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Exercise Price (Strike Price)\uff1a\u6a29\u5229\u884c\u4f7f\u4fa1\u683c<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Loan To Value (LTV)\uff1aLTV\uff08\u501f\u5165\u91d1\u6bd4\u7387\uff09<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Income Capitalization Approach\uff1a\u53ce\u76ca\u9084\u5143\u6cd5<\/span><\/li>\n<\/ul>\n<\/div>\n<h2>\u82f1\u5358\u8a9e\u5b66\u7fd2\u306e\u7f60\u3092\u56de\u907f\u3057CFA\u00ae\u5408\u683c\u3092\u63b4\u3080\u65b9\u6cd5<\/h2>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9651\" src=\"https:\/\/triumphmind.com\/cfa\/wp-content\/uploads\/2025\/06\/22.jpg\" alt=\"\" width=\"640\" height=\"360\" \/>\n<p>CFA\u00ae\u53d7\u9a13\u751f\u304c\u9665\u308a\u304c\u3061\u306a\u306e\u306f\u3001\u8f9e\u66f8\u3092\u7247\u624b\u306b\u82f1\u8a9e\u306e\u8aad\u89e3\u306b\u6ca1\u982d\u3057\u3001\u6982\u5ff5\u7406\u89e3\u3092\u5f8c\u56de\u3057\u306b\u3057\u3066\u3057\u307e\u3046\u3053\u3068\u3067\u3059\u3002<br \/>\n\u82f1\u8a9e\u306e\u8aad\u89e3\u306b\u6642\u9593\u3092\u8cbb\u3084\u3059\u52c9\u5f37\u6cd5\u3067\u306f\u3001\u591a\u5fd9\u306a\u793e\u4f1a\u4eba\u306e\u6642\u9593\u306f\u3044\u304f\u3089\u3042\u3063\u3066\u3082\u8db3\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>LSC\uff08Leveraged Support Course\uff09\u3067\u306f\u3001\u72ec\u81ea\u306e\u65e5\u672c\u8a9e\u8981\u70b9\u96c6\u3068\u30de\u30a4\u30f3\u30c9\u30de\u30c3\u30d7\u3092\u7528\u3044\u3066\u82f1\u8a9e\u306e\u58c1\u3092\u53d6\u308a\u6255\u3044\u307e\u3059\u3002<\/p>\n<p>\u672c\u8cea\u3092\u65e5\u672c\u8a9e\u3067\u7406\u89e3\u3057\u3066\u304b\u3089\u82f1\u6587\u306b\u89e6\u308c\u308b\u3053\u3068\u3067\u3001\u82f1\u5358\u8a9e\u3092\u6697\u8a18\u305b\u305a\u3068\u3082\u6587\u8108\u3067\u7406\u89e3\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<h2>\u307e\u3068\u3081\uff1a\u82f1\u8a9e\u3092\u7406\u7531\u306bCFA\u00ae\u3092\u8ae6\u3081\u308b\u306e\u306f\u5927\u304d\u306a\u6a5f\u4f1a\u640d\u5931<\/h2>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-9417\" src=\"https:\/\/triumphmind.com\/cfa\/wp-content\/uploads\/2025\/09\/19.jpg\" alt=\"FA-Academy\u3000CFA\" width=\"640\" height=\"360\" \/>\n<p>CFA\u00ae\u53d6\u5f97\u306f\u3001\u5916\u8cc7\u7cfb\u91d1\u878d\u6a5f\u95a2\u3078\u306e\u8ee2\u8077\u3001\u30b0\u30ed\u30fc\u30d0\u30eb\u57fa\u6e96\u3067\u306e\u5e74\u53ce\u30a2\u30c3\u30d7\u3001\u305d\u3057\u3066\u4e16\u754c\u6c34\u6e96\u306e\u91d1\u878d\u77e5\u8b58\u3092\u6301\u3064\u30d7\u30ed\u3068\u3044\u3046\u63fa\u308b\u304e\u306a\u3044\u81ea\u4fe1\u3092\u624b\u306b\u5165\u308c\u308b\u30c1\u30e3\u30f3\u30b9\u3067\u3059\u3002<\/p>\n<p>\u82f1\u8a9e\u304c\u4e0d\u5b89\u3060\u304b\u3089\u3068\u3044\u3046\u7406\u7531\u3060\u3051\u3067\u898b\u9001\u308b\u306e\u306f\u3001\u3042\u306a\u305f\u306e\u30ad\u30e3\u30ea\u30a2\u306b\u304a\u3044\u3066\u6700\u5927\u306e\u6a5f\u4f1a\u640d\u5931\u3060\u3068\u8a00\u308f\u3056\u308b\u3092\u5f97\u307e\u305b\u3093\u3002<\/p>\n<p>\u82f1\u8a9e\u529b\u306f\u3001\u5b66\u7fd2\u3092\u9032\u3081\u308b\u904e\u7a0b\u3067\u5fc5\u305a\u5f8c\u304b\u3089\u3064\u3044\u3066\u304d\u307e\u3059\u3002\u5927\u5207\u306a\u306e\u306f\u3001\u6700\u521d\u304b\u3089\u5b8c\u74a7\u306a\u82f1\u8a9e\u529b\u3092\u6c42\u3081\u308b\u3053\u3068\u3067\u306f\u306a\u304f\u3001\u4e00\u6b69\u8e0f\u307f\u51fa\u3059\u52c7\u6c17\u3092\u6301\u3064\u3053\u3068\u3067\u3059\u3002<\/p>\n<p>\u3082\u3057\u3001\u4eca\u3053\u306e\u77ac\u9593\u3082\u82f1\u8a9e\u3078\u306e\u4e0d\u5b89\u3067\u8db3\u304c\u6b62\u307e\u3063\u3066\u3044\u308b\u306e\u306a\u3089\u3001\u305c\u3072\u4e00\u5ea6LSC\uff08Leveraged Support Course\uff09\u3078\u3054\u76f8\u8ac7\u304f\u3060\u3055\u3044\u3002<\/p>\n<p>https:\/\/triumphmind.com\/cfa\/2025\/06\/30\/leveraged-support-course\/<\/p>\n<div class=\"jin-flexbox\">\n<div class=\"jin-shortcode-button jsb-visual-shiny jsb-hover-down\"><a href=\"https:\/\/timerex.net\/s\/cfa.tips.slack_2a23\/e72e883e\" target=\"_self\" style=\"background: linear-gradient(107.61deg, #54dcef 7.99%, #0794E8 91.12%); border-radius:50px;\">FA-Academy\u306b\u76f8\u8ac7\u3059\u308b<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>CFA\u00ae\uff08\u7c73\u56fd\u8a3c\u5238\u30a2\u30ca\u30ea\u30b9\u30c8\uff09\u8a66\u9a13\u306b\u6311\u6226\u3057\u3088\u3046\u3068\u3059\u308b\u969b\u3001\u8ab0\u3082\u304c\u6700\u521d\u306b\u7a81\u304d\u5f53\u305f\u308b\u58c1\u304c\u300c\u82f1\u8a9e\u3078\u306e\u82e6\u624b\u610f\u8b58\u300d\u3067\u3059\u3002\u81a8\u5927\u306a\u82f1\u6587\u30c6\u30ad\u30b9\u30c8\u3092\u524d\u306b\u3001\u300c\u81ea\u5206\u306e\u82f1\u8a9e\u529b\u3067\u672c\u5f53\u306b\u592a\u5200\u6253\u3061\u3067\u304d\u308b\u306e\u304b\u300d\u3068\u4e0d\u5b89\u306b\u306a\u308b\u306e\u306f\u5f53\u7136\u306e\u3053\u3068\u3067\u3057\u3087\u3046\u3002 \u305d\u3053\u3067<\/p>\n","protected":false},"author":1,"featured_media":8325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jin_ogp_image_url":"","_jin_last_featured_id":0,"footnotes":""},"categories":[4,89],"tags":[],"class_list":["post-8324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cfa-level-1","category-cma"],"_links":{"self":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/8324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/comments?post=8324"}],"version-history":[{"count":10,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/8324\/revisions"}],"predecessor-version":[{"id":9670,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/posts\/8324\/revisions\/9670"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media\/8325"}],"wp:attachment":[{"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/media?parent=8324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/categories?post=8324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphmind.com\/cfa\/wp-json\/wp\/v2\/tags?post=8324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}