- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 37. Economics and Investment Markets
- Subject 1. Framework for the Economic Analysis of Financial Markets
CFA Practice Question
Examples of risk premium of the discount rate include ______.
II. liquidity premium
III. inflation premium
I. default premium
II. liquidity premium
III. inflation premium
Correct Answer: I and II
The inflation premium is already represented by the expected inflation rate in the equation.
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