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Basic Question 0 of 3
What order instructions indicate when to fill an order?
B. Validity instructions
C. Clearing instructions
A. Execution instructions
B. Validity instructions
C. Clearing instructions
User Contributed Comments 3
| User | Comment |
|---|---|
| guida | why validity instructions? |
| dipu617 | Execution instructions for - how to fill. Validity instructions for - when to fill. Clearing instructions for - how to settle the final settlement. |
| ascruggs92 | Why? Because it says so in the notes. Take 5 seconds to look at the reading and you'll see how easy it is to find it |
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Tamara Schultz
Learning Outcome Statements
interpret interest rates as required rates of return, discount rates, or opportunity costs and explain an interest rate as the sum of a real risk-free rate and premiums that compensate investors for bearing distinct types of risk
CFA® 2025 Level I Curriculum, Volume 1, Module 1.