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Basic Question 1 of 6
Direct investment in infrastructure has the following characteristics: I. high concentration risk.
II. greater control over the infrastructure assets.
III. low liquidity risk.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain features and characteristics of infrastructure
explain the investment characteristics of infrastructure investments
CFA® 2026 Level I Curriculum, Volume 5, Module 4.