CFA Practice Question

There are 294 practice questions for this study session.

CFA Practice Question

A risk-free asset has to be ______.

I. default-free
II. issued by the government
III. free of inflation
IV. a Treasury bond
Correct Answer: I and III

User Contributed Comments 5

User Comment
johntan1979 I guess II is not correct because government could be ANY government e.g. Greece or Spain.
jonan203 lol, default free, i pray to god that assumption stands over the next few decades.
Groyne Spain has not defaulted
Logaritmus But they will default without quantiative easing. Before EU their bonds have yield >10%.
khalifa92 issuance aint related to risk-free
technically 1-3 contributes
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