PORTFOLIO VALUATIONS WERE PERFORMED EVERY MONTH. FOR THINLY TRADED...

2. - Q A SCHWESER SELF TEST 10 GLOBAL INVESTMENT PERFORMANCE STANDARDS QUESTION
Q A SCHWESER SELF TEST 10 GLOBAL INVESTMENT PERFORMANCE STANDARDS QUESTION
2. Portfolio valuations were performed every month. For thinly traded junk bonds, Falcon uses an average of three independent bids. For thinly traded international bonds, Falcon values the bonds using its original cost.