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CAIA Bundled Exam Questions Package with Correct Answers
CAIA Bundled Exam Questions Package with Correct Answers
[Show more]CAIA Bundled Exam Questions Package with Correct Answers
[Show more]An asset-pricing model that attempts to explain how investors should behave is a(n): - ANS 
normative model. 
Normative models attempt to explain how investors should behave. Positive models attempt to 
explain how investors do behave. Theoretical models use assumptions and logic, while empirical ...
Preview 3 out of 20 pages
Add to cartAn asset-pricing model that attempts to explain how investors should behave is a(n): - ANS 
normative model. 
Normative models attempt to explain how investors should behave. Positive models attempt to 
explain how investors do behave. Theoretical models use assumptions and logic, while empirical ...
CAGR - ANS compound annual growth rate 
annualized return - ANS (1+HPR)^number of holding periods in one year - 1 
multiple hedge fund aggregation - ANS equal weighted approach, asset weighted, and 
arbitrary weight approach 
Performance index - ANS R index = Sum of wi * Ri 
in the case of multiple...
Preview 2 out of 10 pages
Add to cartCAGR - ANS compound annual growth rate 
annualized return - ANS (1+HPR)^number of holding periods in one year - 1 
multiple hedge fund aggregation - ANS equal weighted approach, asset weighted, and 
arbitrary weight approach 
Performance index - ANS R index = Sum of wi * Ri 
in the case of multiple...
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