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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 am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain features and characteristics of infrastructure
explain the investment characteristics of infrastructure investments
CFA® 2025 Level I Curriculum, Volume 5, Module 4.