IS SEYFRIED CORRECT IN HIS INTERPRETATION OF THE FUNDAMENTAL LAW

4. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R51 ANALYSIS OF ACTIVE PORTFOLIO MANAGEMENT Q BANK
CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R51 ANALYSIS OF ACTIVE PORTFOLIO MANAGEMENT Q BANK

4. Is Seyfried correct in his interpretation of the fundamental law?

A. No, incorrect regarding lower TC of a constrained portfolio.

B. No, incorrect regarding the four parameters of the fundamental law.

C. Yes.