- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 1. Portfolio Risk and Return: Part I
- Subject 1. Historical Return and Risk
CFA Practice Question
Liquidity is a bigger concern ______
II. in corporate bond markets than in equity markets.
III. for bonds of lower credit quality than for bonds of higher credit quality.
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.
Correct Answer: I, II and III
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