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Basic Question 0 of 5
In a carry trade practice, the funding currencies are:
B. high-yield currencies.
C. either low- or high-yield currencies, depending on the investor's position.
A. low-yield currencies.
B. high-yield currencies.
C. either low- or high-yield currencies, depending on the investor's position.
User Contributed Comments 0
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

Barnes
Learning Outcome Statements
estimate the cost of debt or required return on equity for a public company and a private company;
CFA® 2026 Level II Curriculum, Volume 3, Module 18.