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Basic Question 1 of 6

A stated investment time horizon of 5 years would imply average annual portfolio turnover of:

A. 20%.
B. 50%.
C. 100%.

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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

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.