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Basic Question 0 of 10
The higher the credit risk of a bond, ______.
II. the greater the volatility of its returns
III. the higher the liquidity risk
I. the higher the required yield
II. the greater the volatility of its returns
III. the higher the liquidity risk
User Contributed Comments 2
| User | Comment |
|---|---|
| warnggg | Why not C? |
| ahmed999 | @WARNGGG because the liquidity risk is entirely different and not related by anyway to credit risk. |
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Edward Liu
Learning Outcome Statements
evaluate whether economies of scale are present in an industry by analyzing operating margins and sales levels;
demonstrate methods to forecast cost of goods sold and operating expenses;
demonstrate methods to forecast nonoperating items, financing costs, and income taxes;
CFA® 2025 Level I Curriculum, Volume 2, Module 17.