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Basic Question 1 of 6
Direct investment in infrastructure has the following characteristics: I. high concentration risk.
II. greater control over the infrastructure assets.
III. low liquidity risk.
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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
explain features and characteristics of infrastructure
explain the investment characteristics of infrastructure investments
CFA® 2024 Level I Curriculum, Volume 5, Module 4.