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Basic Question 1 of 4
Which component of the discount rate varies the most among various asset classes?
B. Inflation premium
C. Risk premium
A. Real risk-free interest rate
B. Inflation premium
C. Risk premium
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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 the relationship between the long-term growth rate of the economy, the volatility of the growth rate, and the average level of real short-term interest rates;
CFA® 2026 Level II Curriculum, Volume 6, Module 37.