Two Questions on Q11 -- 2006 CFAI AM

  1. What the in the world is LHOC method for cost benchmarking? I have not seen in the material this year. 2) MTOC – since when do we calculate the Cancellation price as the price 15 days after the closing price? Thanks in advance BTW, how did people find this exam?

i think the material might have been slightly different for the implementation shortfall…that’s why the inconsistencies… also…if you think about it …the missed trade opportunity could be calculated on any day after the initial trade took place…assuming of course that the investor is still holding the stock…(if it’s a purchase order)