Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 0 of 27
A risk-free asset has to be ______.
II. issued by the government
III. free of inflation
IV. a Treasury bond
I. default-free
II. issued by the government
III. free of inflation
IV. a Treasury bond
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 |
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
explain features of private equity and its investment characteristics
CFA® 2025 Level I Curriculum, Volume 5, Module 3.