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Basic Question 1 of 8
Below-average ability to bear risk and below-average willingness to take risks implies ______ risk tolerance.
B. average
C. below average
A. above average
B. average
C. below average
User Contributed Comments 2
| User | Comment |
|---|---|
| johntan1979 | The lower of ability and willingness, if they are different. |
| jonan203 | lol, the ability of most american households will exlude them from a majority of risky assets, including equities. sure they may be willing, but boy are they ignorant. |
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 risk and return objectives and how they maybe developed for a client
explain the difference between the willingness and the ability (capacity) to take risk in analyzing an investor's financial risk tolerance
CFA® 2024 Level I Curriculum, Volume 6, Module 4.