easy · CFA Level I ethics

An analyst at Kestrel Grid develops a new valuation model for utility stocks. While writing the report, he uses a specific risk-adjustment framework developed by a famous economist without providing a citation, believing it to be "common knowledge." This is most likely a violation of:

  1. Standard V(A) Diligence and Reasonable Basis.
  2. Standard I(C) Misrepresentation regarding plagiarism.
  3. No Standard, as academic theories do not require citation in practitioner reports.

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