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Basic Question 4 of 4
If an investor is concerned that he or she will not be able to sell an investment when needed, what kind of risk will the investor be incurring?
B. Exchange rate
C. Financial
A. Liquidity
B. Exchange rate
C. Financial
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Learning Outcome Statements
describe the investment constraints of liquidity, time horizon, tax concerns, legal and regulatory factors, and unique circumstances and their implications for the choice of portfolio assets
CFA® 2024 Level I Curriculum, Volume 6, Module 4.