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Basic Question 3 of 4
Examples of risk premium of the discount rate include ______.
II. liquidity premium
III. inflation premium
I. default premium
II. liquidity premium
III. inflation premium
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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.
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Learning Outcome Statements
explain the relationship between the long-term growth rate of the economy, the volatility of the growth rate, and the average level of real short-term interest rates;
CFA® 2025 Level II Curriculum, Volume 6, Module 37.