CFA Practice Question

There are 266 practice questions for this study session.

CFA Practice Question

The higher the credit risk of a bond, ______.

I. the higher the required yield
II. the greater the volatility of its returns
III. the higher the liquidity risk
Correct Answer: I and II

User Contributed Comments 2

User Comment
warnggg Why not C?
ahmed999 @WARNGGG because the liquidity risk is entirely different and not related by anyway to credit risk.
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