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

5.

Another approach that is consistent with the client’s objectives is to use an

equitized long-short strategy, which can be expected to neutralize market risk.

C. Judge

whether each of Marco’s five conclusions is correct or incorrect. If incorrect, give

one reason why the conclusion is incorrect.

Answer Question 12-C in the Template provided on pages 79 and 80.

(15 minutes)

Answer Question 12 on This Page

Template for Question 12-C

Judge whether each

of Marco’s five

If incorrect,

Marco’s five

conclusions is

give one reason why the conclusion is

correct or incorrect

conclusions

incorrect

(circle one for each

conclusion)