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Basic Question 1 of 6
A stated investment time horizon of 5 years would imply average annual portfolio turnover of:
B. 50%.
C. 100%.
A. 20%.
B. 50%.
C. 100%.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain considerations in the choice of an explicit forecast horizon and an analyst's choices in developing projections beyond the short-term forecast horizon
CFA® 2024 Level I Curriculum, Volume 3, Module 12.