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Basic Question 1 of 4
Which of the following factors is more likely to be considered in a top-down approach than in a bottom-up approach?
A. Company-specific risk
B. Market risk premium
C. Cost of debt
D. Country risk premium
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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
explain top-down and bottom-up factors that impact the cost of capital;
CFA® 2025 Level II Curriculum, Volume 3, Module 18.