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Basic Question 6 of 12
Which return measure accounts for the compounding of returns?
B. Geometric mean
C. Holding period return
A. Arithmetic mean
B. Geometric mean
C. Holding period return
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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
calculate and interpret different approaches to return measurement over time and describe their appropriate uses;
CFA® 2024 Level I Curriculum, Volume 1, Module 1.