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High Plains Capital is a hedge fund with a portfolio valued at $475,000,000 at the beginning of the year. One year later, the value of assets under management is $541,500,000. The hedge fund charges a

A. 10.89%.
B. 11.06%.
C. 12.29%.

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An analyst is forecasting gross profit of the three following companies. He uses the five-year average gross margins and forecasts sales using an internal model.·Company 1s products curren

A. 1.
B. 2.
C. 3.

Which date in the chronology of a dividend payment is most likely determined by Securities Exchange? The:

A. Declaration date.
B. ex-dividend date.
C. holder-of-record date.

Dividends received are most likely classified as which type of cash flow under both IFRS and U.S.GAAP?

A. Investing
B. Financing
C. Operating

On a flight to Europe, Romy Haas, CFA, strikes up a conversation with a fellow passenger, Vincent Trujillo. When Trujillo learns Haas is in the investment profession, he asks about the CFA designation

A. Statement 1
B. Statement 2
C. Statement 3

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