We conduct a randomized experiment using a series of three finance exams sat by over 1,000 students at an Australian university, to determine the extent to which multiple-choice questions (MCQs) are improved by item writing best practices. We identify deviations from best practices (i.e....

Intro -- Investments: Principles of Portfolio and Equity Analysis -- Contents -- Foreword -- Acknowledgments -- Introduction -- Chapter 1: Market Organization and Structure -- Learning Outcomes -- 1. Introduction -- 2. The Functions of the Financial System -- 2.1. Helping People Achieve Their...