Group 1 - The CFP® exam requires candidates to bring an approved battery-powered, non-programmable financial calculator [1] - The CFP Board does not specify the number of calculation questions on the exam, but candidates can prepare by familiarizing themselves with the formulas listed in the CFP formula sheet [1][3] - The intrinsic value formula calculates the value of a dividend-paying security, while the expected rate of return formula indicates the rate of return an investor should expect based on the price paid for a security [4][5] Group 2 - The covariance formula measures how one security behaves as a result of another, which is essential for understanding portfolio risk [7] - The portfolio deviation formula calculates the standard deviation for a two-stock portfolio, which helps in assessing the risk associated with combined investments [9] - Beta is a measure of volatility relative to the market, indicating how sensitive an investment's returns are to market movements [7][10]