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Basic Question 1 of 11

Which ratio is the most popular measure to evaluate private equity investments?

A. The Sortino ratio
B. IRR
C. The Calmar ratio

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe the performance appraisal of alternative investments

CFA® 2025 Level I Curriculum, Volume 5, Module 2.