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BSAS - Q2 IPS

edited June 2014 in CFA Level III
@RaviVooda‌

Did you agree with 'above average' ability to take risk as the answer. I'm just reading through the questions and answers now.

The client's asset base is about GBP 4m (I do note this is relatively large) and required return is about 6.37%. But the portfolio return is their only source of income in retirement. I would have thought 'Average' or 'Below average' ability to assume risk?

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