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Basic Question 1 of 11
Which ratio is the most popular measure to evaluate private equity investments? A. The Sortino ratio
B. IRR
C. The Calmar ratio
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

Barnes
Learning Outcome Statements
describe the performance appraisal of alternative investments
CFA® 2025 Level I Curriculum, Volume 5, Module 2.