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Basic Question 4 of 6
From an investor's perspective, which type has a bigger "maximum loss"?
B. equity investment
C. both have the same potential maximum loss.
A. debt investment
B. equity investment
C. both have the same potential maximum loss.
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
compare the financial claims and motivations of lenders and shareholders
CFA® 2025 Level I Curriculum, Volume 2, Module 2.