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A measure of investment performance in which the overall measurement period is divided into sub-periods. The timing of each individual cash flow is identified and then defines the beginning of the sub-period in which it occurs.

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The CFA Institute Investment Foundations Program covers the essentials of finance, ethics, and investment roles, providing a clear understanding of the global investment industry.


1. A measure of investment performance in which the overall measurement period is divided into sub-periods. The timing of each individual cash flow is identified and then defines the beginning of the sub-period in which it occurs.





 
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