QUESTIONS 12 AND 13 RELATE TO CATHERINE MARCO. A TOTAL OF 35 MINUTES I...

5. Another approach

that is consistent with

Correct

the client’s objectives is

to use an equitized

long-short strategy,

which can be expected

Incorrect

to neutralize market

risk.

QUESTION 13 HAS TWO PARTS (A, B) FOR A TOTAL OF 8 MINUTES.

Catherine Marco is also responsible for formulating economic commentary for Mouton

Investments, Inc. After updating key economic indicators for her latest research report, Marco

presents the following two statements to Mouton’s Board of Directors: