That liquidity premium just sneaks up on you

bite me in the ass. three separate occasions. happy it did in hindsight. all healed up now and ready for it on the exam. my question to you MGG - do yoiu think there are any other premiums that could sneak up on ya that could show up exam day?

Not sure but Ill be on the look out

Are you guys referring to the ERP w/Integratio and without where sometimes they include a Liquidity Risk Premium?