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Basic Question 1 of 6
A stated investment time horizon of 5 years would imply average annual portfolio turnover of:
B. 50%.
C. 100%.
A. 20%.
B. 50%.
C. 100%.
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Your review questions and global ranking system were so helpful.

Lina
Learning Outcome Statements
explain considerations in the choice of an explicit forecast horizon and an analyst's choices in developing projections beyond the short-term forecast horizon
CFA® 2025 Level I Curriculum, Volume 3, Module 12.