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I know why pass rates were so high in the 70s...

...because they didn't have youtube

...because they were more ethically inclined than we are now. They all passed using ethics adjustments.

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because they were smarter back then..

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guys, if you ever were the first to take a new study course (as i did with my master), you are the guys they adjust the future grades at, i.e., if you are not giving them a blank paper it's a pass so to say

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Check out the link I posted to the first CFA exam in General Discussion, that thing was a bear.

NO EXCUSES

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