3.) Which fee structure is most appropriate for Sonera, based on the criteria in the
investment policy statement?
A. An ad valorem fee structure
B. A performance-based fee structure with a high-water mark
C. A performance-based fee structure with a fee cap
Answer = A
"Equity Portfolio Management," Gary L. Gastineau, Andrew R. Olma, and Robert G.
Zielinski
Bạn đang xem 3. - CFA MOCK EXAM LEVEL III MOCK EXAM VERSIONB ANSWERS 2014