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Basic Question 0 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. |
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Tamara Schultz
Learning Outcome Statements
demonstrate the application of the Code of Ethics and Standards of Professional Conduct to situations involving issues of professional integrity
recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct
identify conduct that conforms to the Code and Standards and conduct that violates the Code and Standards
CFA® 2025 Level I Curriculum, Volume 6, Module 3.