*Spoiler* Schweser Volume 1 First AM Exam
Did anyone catch this?
Question 4, third statement where the manager states that her portfolio returns are calculated quarterly. I answered this as “accurate” but schweser states that portfolio returns are calculated monthly, and goes on to say that composite returns are calculated quarterly.
So am I seeing this right? Up until 2010 portfolio returns monthly, whereas composites quarterly, and then 2010 both returns calculated monthly?
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