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A CFA candidate is recommending the purchase of a mutual fund that invests solely in long term US treasury bonds. The CFA states since the

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A CFA candidate is recommending the purchase of a mutual fund that invests solely in long term US treasury bonds. The CFA states since the US government guarantees payment of both the bond's principal and interest, risk of loss with this investment is virtually zero": The CFA's actions violated: none of the CFA Institute Standards the Standard on communication with clients and prospective clients the Standard on misrepresentation

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