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Basic Question 5 of 5
Which statement is true?
B. Investment value must be higher than or equal to market value.
C. Investment value must be lower than or equal to market value.
A. Investment value can be either higher or lower than market value.
B. Investment value must be higher than or equal to market value.
C. Investment value must be lower than or equal to market value.
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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 uses of private business valuation and explain applications of greatest concern to financial analysts;
CFA® 2025 Level II Curriculum, Volume 4, Module 25.