题目 Which of the following is a property of two dependent events? 选项 A.The two events must occur simultaneously. B.The probability of one event influences the probability of the other event. [...]
题目 The mean monthly return and the standard deviation for three industry sectors are shown in the following exhibit.「huixue_img/importSubject/1564548696861970432.png」Based on the coefficient [...]
题目 Which industry characteristic most likely has a positive effect on a company’s ability to service debt? 选项 A.Low barriers to entry in the industry B.High number of suppliers to the [...]
题目 The “second-order” effect on a bond’s percentage price change given a change in yield-to-maturity can be best described as: 选项 A.duration. B.convexity. C.yield volatility. 答案 B [...]
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 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 Which of the following statements relating to yield volatility is most accurate? If the term structure of yield volatility is downward sloping, then: 选项 A.short-term rates are higher than [...]
题目 Which of the following statements about Macaulay duration is correct? 选项 A.A bond’s coupon rate and Macaulay duration are positively related. B.A bond’s Macaulay duration is inversely [...]
题目 The following information is from the annual report of Adidas AG for December 2010: Depreciation and amortization: €249 million Total assets: €10,618 million Total debt: €1,613 million [...]