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NEW QUESTION: 1
Which of the following is/are required by AIMR-PPS with regards to calculation of returns?
I. For leveraged portfolios, the stated returns must be on an "all-cash" basis, removing the effects of debt financing.
II. Performance must be based on "gross" returns i.e. before necessary expenses like brokerage and SEC fees.
III. Composites must be asset-weighted using beginning-of-period weights.
A. none of them
B. III only
C. I and III only
D. I, II and III
Answer: B
Explanation:
Explanation/Reference:
Explanation:
For leveraged portfolios, PPS require a statement of performance using actual returns as well as on an
"all-cash" basis (i.e. without leverage). Performance must be based on returns after trading expenses like brokerage and SEC fees. Composites must be asset-weighted using beginning-of-period weights.
NEW QUESTION: 2
How much Microsoft SharePoint Online storage space do the Office 365 Enterprise plans include for each tenant?
A. 50 TB
B. 10 TB
C. 25 TB
D. 15 TB
Answer: C
NEW QUESTION: 3
A. Option B
B. Option A
C. Option D
D. Option C
Answer: D
NEW QUESTION: 4
Answer:
Explanation:
Explanation
Catch the most specific exception first.