- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 44. Economics and Investment Markets
- Subject 5. Equities and the Equity Risk Premium
CFA Practice Question
Which of the following is likely to exhibit the best consumption hedging properties?
A. Short-term government bonds
B. Long-term AAA corporate bonds
C. Equities
Explanation: During "bad times," short-term government bonds are the safest assets.
User Contributed Comments 0
You need to log in first to add your comment.