What does it mean Return Objective？：What does it mean Return Objective？

What are the steps for a capital budget？：What are the steps for a capital budget？

What are the steps for a capital budget？：What are the steps for a capital budget？

Portfolio Expected Return and Variance of Return：Return,RjFirst= 7.50 + 12.50 + 3.75 = 23.75.

Expected Value and Variance：A. $9.81:million.,0.05$70 – 37.752 + 0.70$40 – 37.752 + 0.25$25 – 37.752 = $96.18 million. The standard deviation is thus σ = $96.1812 = $9.81 million.,$63600.

Money-Weighted Rate of Return & Time-Weighted Rate of Return：[Solutions] C

Economies of Scale and Diseconomies of Scale：as the firm increases its output:size under perfect competition over the long run.

Management Commentary or Management’s Discussion and Analysis：1 the nature of the business;2 management’s objectives and strategies:information.Off-balance-sheet obligations and about contractualreported financial results.

Examination of a Company’s Performance：generally referred to as solvency.

Portfolio Expected Return and Variance of Return：= 8112 = 9. Thus:RjB.C.FirstEXY = EXEY

What members and candidates should notice in CFA examinations?：or security of the CFA examinations.（不能惡心CFA），考試不能作弊:考試內容要保密:A. No.:Responsibilities as a CFA Institute Member.right④Case

How to understand the guidance for Standards I–VII?：A.Promote financial integrity ad seek to prevent sand punish abuses in the financial markets,