CFA Practice Question

There are 201 practice questions for this study session.

CFA Practice Question

Assume a 20% DLOC and 20% DLOM, the total discount is closest to:

A. 20%.
B. 36%.
C. 40%.
Correct Answer: B

1 - (1 - 0.2) x (1 - 0.2) = 36%.

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