- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Valuation
- Learning Module 21. Return Concepts
- Subject 1. Return Concepts
CFA Practice Question
An asset's ex post alpha is the difference between
A. expected return and realized return.
B. expected return and required return.
C. realized return and required return.
Explanation: It is the asset's realized alpha.
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