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Basic Question 4 of 9
Liquidity is a bigger concern ______
II. in corporate bond markets than in equity markets.
III. for bonds of lower credit quality than for bonds of higher credit quality.
I. in emerging markets than in developed markets.
II. in corporate bond markets than in equity markets.
III. for bonds of lower credit quality than for bonds of higher credit quality.
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe characteristics of the major asset classes that investors consider in forming portfolios
CFA® 2025 Level I Curriculum, Volume 2, Module 1.