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Basic Question 3 of 3
An analyst is reviewing the following information with regards to KLM Corporation:
B. Management performed poorly since MVA declined by $10 million.
C. Management performed very well since MVA increased by $22 million.
Which of the following gives the best assessment of management's performance for 2001?
A. Management performed poorly since MVA declined by $22 million.
B. Management performed poorly since MVA declined by $10 million.
C. Management performed very well since MVA increased by $22 million.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
calculate and interpret residual income, economic value added, and market value added;
CFA® 2025 Level II Curriculum, Volume 4, Module 24.