CFA Practice Question

There are 136 practice questions for this study session.

CFA Practice Question

A stock selector follows 100 companies and revise assessments each quarter. Assume the companies' active returns are uncorrelated with each other. To have an IR of 0.6, the stock selector needs an IC of ______.
A. 0.03
B. 0.06
C. 0.006
Explanation: 0.6 = IC x 4001/2, IC = 0.03

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