Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 1 of 12
The higher the credit risk of a bond, ______.
II. the greater the volatility of its returns
III. the higher the liquidity risk
I. the higher the required yield
II. the greater the volatility of its returns
III. the higher the liquidity risk
User Contributed Comments 2
| User | Comment |
|---|---|
| warnggg | Why not C? |
| ahmed999 | @WARNGGG because the liquidity risk is entirely different and not related by anyway to credit risk. |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe macroeconomic, market, and issuer-specific factors that influence the level and volatility of yield spreads
CFA® 2025 Level I Curriculum, Volume 4, Module 14.