爱考云 - 搜题找答案神器_海量试题解析在线查

题目 For a high-quality debt issuer with a large amount of publicly traded debt, bond investors tend to devote most effort to assessing the issuer’s: 选项 A.default risk. B.loss severity. [...]

题目 Credit yield spreads most likely widen in response to: 选项 A.high demand for bonds. B.weak performance of equities. C.strengthening economic conditions. 答案 B 解析 ： B is correct. In [...]

题目 Which of the following is most appropriate for measuring a bond’s sensitivity to shaping risk? 选项 A.key rate duration B.effective duration C.modified duration 答案 A 解析 ： A is [...]

题目 The risk that the price at which investors can actually transact differs from the quoted price in the market is called: 选项 A.spread risk. B.credit migration risk. C.market liquidity risk. [...]

题目 Loss severity is best described as the: 选项 A.default probability multiplied by the loss given default. B.portion of a bond’s value recovered by bondholders in the event of default. [...]

题目 An investor buys a three-year bond with a 5% coupon rate paid annually. The bond, with a yield-to-maturity of 3%, is purchased at a price of 105.657223 per 100 of par value. Assuming a 5-basis [...]

题目 In order to analyze the collateral of a company a credit analyst should assess the: 选项 A.cash flows of the company. B.soundness of management’s strategy. C.value of the company’s [...]

题目 During bankruptcy proceedings of a firm, the priority of claims was not strictly adhered to. Which of the following is the least likely explanation for this outcome? 选项 A.Senior creditors [...]

题目 The rating agency process whereby the credit ratings on issues are moved up or down from the issuer rating best describes: 选项 A.notching. B.pari passu ranking. C.cross-default provisions. [...]

题目 A senior unsecured credit instrument holds a higher priority of claims than one ranked as: 选项 A.mortgage debt. B.second lien loan. C.senior subordinated. 答案 C 解析 ： C is correct. [...]