If the Level II CFA exam were given as an oral exam, 95% of the candidates would fail. Why? Because they cannot pronounce heteroscedasticity correctly (<het-ter-row-ski-das-tis-sit-ee>, eight syllables), and they cannot pronounce Modigliani correctly (moe-dill-yaw-nee>, four syllables). Later in this article, we’ll hit upon another: homogeneous (<hoe-moe-gee-nee-us>, five syllables). Fortunately for most Level II candidates, it’s a […]
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