爱考云 - 搜题找答案神器_海量试题解析在线查

题目 Based on the information in Exhibit 2, GZ Group’s (a hypothetical company) credit risk is most likely:「huixue_img/importSubject/1564548168417415168.png」 选项 A.lower than the industry. [...]

题目 The factor that most likely results in corporate credit spreads widening is: 选项 A.an improving credit cycle. B.weakening economic conditions. C.a period of high demand for bonds. 答案 B [...]

题目 A limitation of calculating a bond portfolio’s duration as the weighted average of the yield durations of the individual bonds that compose the portfolio is that it: 选项 A.assumes a [...]

题目 A Canadian pension fund manager seeks to measure the sensitivity of her pension liabilities to market interest rate changes. The manager determines the present value of the liabilities under [...]

题目 A bond has an annual modified duration of 7.140 and annual convexity of 66.200. The bond’s yield-to-maturity is expected to increase by 50 basis points. The expected percentage price change [...]

题目 If goodwill makes up a large percentage of a company’s total assets, this most likely indicates that: 选项 A.the company has low free cash flow before dividends. B.there is a low [...]

题目 A bond portfolio consists of the following three fixed-rate bonds. Assume annual coupon payments and no accrued interest on the bonds. Prices are per 100 of par [...]

题目 Assuming no change in the credit risk of a bond, the presence of an embedded put option: 选项 A.reduces the effective duration of the bond. B.increases the effective duration of the bond. [...]

题目 A bond with exactly nine years remaining until maturity offers a 3% coupon rate with annual coupons. The bond, with a yield-to-maturity of 5%, is priced at 85.784357 per 100 of par value. The [...]

题目 Which type of security is most likely to have the same rating as the issuer? 选项 A.Preferred stock B.Senior secured bond C.Senior unsecured bond 答案 C 解析 ： C is correct. The issuer [...]