- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 4. Basics of Portfolio Planning and Construction
- Subject 3. Investment Constraints
CFA Practice Question
If an investor is concerned that he or she will not be able to sell an investment when needed, what kind of risk will the investor be incurring?
B. Exchange rate
C. Financial
A. Liquidity
B. Exchange rate
C. Financial
Correct Answer: A
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