QUESTIONS 12 AND 13 RELATE TO CATHERINE MARCO. A TOTAL OF 35 MINUTES I...
3. Because a directional
hedge fund is expected
to exhibit a lower
Correct
dispersion of returns
than a non-directional
hedge fund, a
directional hedge fund
Incorrect
is a more appropriate
investment for this
client.
Template for Question 12-C continued on page 80
Answer Question 12 on This Page
Template for Question 12-C (continued)
Judge whether each
of Marco’s five
If incorrect,
Marco’s five
conclusions is
give one reason why the conclusion is
conclusions
correct or incorrect
incorrect
(circle one for each
conclusion)