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Basic Question 1 of 6

A stated investment time horizon of 5 years would imply average annual portfolio turnover of:

A. 20%.
B. 50%.
C. 100%.

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

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® 2025 Level I Curriculum, Volume 3, Module 12.