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Basic Question 0 of 2

The macroeconomic models assume that the returns to each asset are correlated with ______.

A. only the surprises in some factors
B. only the actual values of some factors
C. only the expected values of some factors

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Craig Baugh

Craig Baugh

Learning Outcome Statements

explain special considerations when evaluating the credit of sovereign and non-sovereign government debt issuers and issues

CFA® 2025 Level I Curriculum, Volume 4, Module 15.