CFAI Mock 2010 Question 1B

CFA Level III
#1

Can someone explain how the value in the TDA account changed from 250,000 to 225,000 as used to get Required Return.

It says current value is 250,000 but says in the answer the PV is 225,000 .

#2

double

#3

Look directly above the question… “One year later […] Lima has USD 225,000 invested in her TDA.”

#4

Thanks , i had even circled it. To many questions for the day…

#5

#RTFQ