Hedge fund questions on the exam

[Apara]

Hi David,

Question regarding hedge funds is clear to me, but again I'm taking over 15 minutes to solve this question, independently without seeing the solution. How much likely are questions to appear in the final exam? It's conceptual and tedious calculation

 

[David Harper CFA FRM]

Refers to https://forum.bionicturtle.com/threads/p1-t3-706-hedge-funds-hull.10292/
(... cc @Nicole Seaman I moved this here because @Apara has asked this same question repeatedly and we don't need it attached in multiple threads. I can draft a generic response that applies to this query in most situations)