investable index

JDV, Just a quick question, do they really mark word by word? Like are they fussy about terms you use to answer the question? The reason I asked was becuase a mate of mine told me explicitly to phrase my answer in CFA-style. Are they looking for “answers” or “answer with reasoning”? Many thanks. C.

Last time I graded, I graded 1200 papers (a grader grades only one problem = 5% of the exam) in 4 days. Do the math.