爱考云 - 搜题找答案神器_海量试题解析在线查

题目 When we calculate the kurtosis, what is the power of the kurtosis? 选项 A.2. B.3. C.4. 答案 C 解析 Sample kurtosis is measured using deviations raised to the fourth [...]

题目 In a bankruptcy proceeding, when the absolute priority of claims is enforced: 选项 A.senior subordinated creditors rank above second lien holders. B.preferred equity shareholders rank above [...]

题目 An investor purchases an annual coupon bond with a 6% coupon rate and exactly 20 years remaining until maturity at a price equal to par value. The investor’s investment horizon is eight [...]

题目 A fixed income analyst is least likely to conduct an independent analysis of credit risk because credit rating agencies: 选项 A.may at times mis-rate issues. B.often lag the market in [...]

题目 Credit risk of a corporate bond is best described as the: 选项 A.A risk that an issuer’s creditworthiness deteriorates. B.probability that the issuer fails to make full and timely [...]

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 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 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. [...]

题目 Which of the following statements about duration is correct? A bond’s: 选项 A.effective duration is a measure of yield duration. B.modified duration is a measure of curve duration. [...]