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Basic Question 0 of 5
The actual information ratios, after uncertainty of skill is accounted for, are ______ predicted by an objective application of the original form of the fundamental law.
B. on average about the same as those
C. substantially higher than
A. substantially lower than
B. on average about the same as those
C. substantially higher than
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Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
define par and forward rates, and calculate par rates, forward rates from spot rates, spot rates from forward rates, and the price of a bond using forward rates
CFA® 2025 Level I Curriculum, Volume 4, Module 9.