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Basic Question 4 of 9

Liquidity is a bigger concern ______

I. in emerging markets than in developed markets.
II. in corporate bond markets than in equity markets.
III. for bonds of lower credit quality than for bonds of higher credit quality.

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

describe characteristics of the major asset classes that investors consider in forming portfolios

CFA® 2024 Level I Curriculum, Volume 2, Module 1.