题目 Generally speaking, if the reward is high, the risk: 选项 A.is low. B.is high. C.constant. D.cannot determined. 答案 B 解析 If the reward is high, the risk is high [...]
题目 Jennifer Durant is evaluating the existing risk management system of Silverman Asset Management. She is asked to match the following events to the corresponding type of risk. Identify each [...]
题目 In regard to limits policies, optimal risk governance requires the ability to link risk appetite and limits to specific business practices. Accordingly, appropriate limits need to be developed [...]
题目 Which of the following is TRUE about the relationship between the CAPM and the arbitrage pricing model (APT)? 选项 A.CAPM assumes that the market is the only source of covariance between [...]
题目 Krista Skujins, FRM, is the CFO of a manufacturing firm. She is currently in the process of diversifying the firm’s investment portfolio by varying the correlations and asset classes among [...]
题目 Firms commonly incentivize their management to increase the firm's value by granting managers securities tied to the firm's stock. Some securities, however, can reduce managerial incentives to [...]
题目 Sally Smith, FRM, is considering a switch in the theoretical basis of her risk model from a simple single-factor capital asset pricing model (CAPM) to a multi-factor arbitrage pricing theory [...]
题目 Peter Parker, FRM, is identifying risk factors for the construction of his multifactor APT model. His colleague Barbara gives him the following four pieces of advice. Each of the following is [...]
题目 Tail risk techniques are dealt by 选项 A.Extreme Value Theory. B.VaR Theory. C.Probably of Default Theory. D.standard deviation. 答案 A 解析 Extreme Value Theory.极值理论 [...]
