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Basic Question 3 of 6
Which statement(s) is/are FALSE about master limited partnerships (MLPs)? I. MLPs trade publicly on exchanges.
II. MLPs are pass-through entities like REITs.
III. MLPs generally keep most keep cash flows due to significant capital requirements of infrastructure projects.
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Learning Outcome Statements
explain features and characteristics of infrastructure
explain the investment characteristics of infrastructure investments
CFA® 2024 Level I Curriculum, Volume 5, Module 4.