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 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 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 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 The process of moving credit ratings of different issues up or down from the issuer rating in response to different payment priorities is best described as: 选项 A.notching. B.structural [...]

题目 In the event of default, which of the following is most likely to have the highest recovery rate? 选项 A.Second lien B.Senior unsecured C.Senior subordinated 答案 A 解析 ： A is [...]

题目 Holding all other factors constant, the most likely effect of low demand and heavy new issue supply on bond yield spreads is that yield spreads will: 选项 A.widen. B.tighten. C.not be [...]

题目 Based on the information in Exhibit 3, the credit rating of DCM Group (a hypothetical company in the European food & beverage sector) is most [...]

题目 Among the Four Cs of credit analysis, the recognition of revenue prematurely most likely reflects a company’s: 选项 A.character. B.covenants. C.collateral. 答案 A 解析 ： A is [...]

题目 A credit analyst is evaluating the credit worthiness of three companies: a construction company, a travel and tourism company, and a beverage company. Both the construction and travel and [...]