BASED ON THE DATA PROVIDED IN EXHIBIT 3, THE TOTAL FACTOR RISK OF PORTFOLIO 1 IS CLOSEST TO

11. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R48 INTRODUCTION TO MULTIFACTOR MODELS Q BANK
CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R48 INTRODUCTION TO MULTIFACTOR MODELS Q BANK

11. Based on the data provided in Exhibit 3, the total factor risk of Portfolio 1 is closest to:

A. 0.03%

B. 13.8%

C. 55.0%