Portfolio Decisions, R48

SPOILER ALERT FOR '08 EXAM… just move along if you haven’t finished. The Implementation Shortfall question looks a lot like the example in CFAI V6 p. 48… so, pretty manageable. However, one EOC problem (#11) in V6 actually asks us to calculate the Implementation Shortfall total & component percentages. Question: do you think they’d actually ask us to calculate the IS components on the real test? I ask because - it’s a pain in the *ss to understand the component calculations - there’s 17 days to the test - if they likely won’t ask, then why bother killing myself Thanks. Apologize if this was already asked… tried searching AF but computer crashed before.