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Basic Question 0 of 6
Which ratio is the most popular measure to evaluate private equity investments? A. The Sortino ratio
B. IRR
C. The Calmar ratio
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

Barnes
Learning Outcome Statements
define a derivative and describe basic features of a derivative instrument
CFA® 2026 Level I Curriculum, Volume 5, Module 1.