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CFA Level 1 Exam

3959 Questions

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Question No. 1

You are examining a group of 3 stocks within an industry. The industry average debt-to-equity ratio is expected to be 40%. For these stocks, the average debt-to-equity ratios have been 50%, 40%, and 30%. What is the mean absolute deviation of debt-to-equity ratios from the industry average?

Choose the correct option from the given list.
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