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Which of the following is/are required by AIMR-PPS with regards to calculation of returns?
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III. For commingled fund-of-funds structure, segregated Irrs net of trading expenses must be presented.
A. I and III only
B. I, II and III
C. none of them
D. III only
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The return for after-tax composites that hold both taxable and tax-exempt securities should be stated on an
"after-tax" basis and should not be "grossed" up. Real Estate investments must be appraised every three years and the valuations reviewed quarterly unless client agreements state otherwise. For separately managed accounts commingled fund-of-funds structure, cumulative Irrs net of trading expenses must be presented.

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You work as an Office Assistant for InfoTech Inc. He is creating a presentation through PowerPoint
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Answer:
Explanation:


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