Series 66 Quiz
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CLIENT INVESTMENT RECOMMENDATIONS AND STRATEGIES
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A client invested $100,000 at the beginning of year one. At the end of year one the account was worth $200,000, and the client contributed an additional $200,000. At the end of year two the account was worth $200,000. The client asks the IAR which return best measures the portfolio manager's performance over the two years. Which return should the IAR report?
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