- CFA Exams
- CFA Level I Exam
- Study Session 9. Equity Valuation (1)
- Reading 25. 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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