操你逼_一级毛片在线观看免费_91欧美激情一区二区三区成人_日本中文字幕电影在线观看_久久久精品99_九九热精

24周年

財稅實務 高薪就業 學歷教育
APP下載
APP下載新用戶掃碼下載
立享專屬優惠

安卓版本:8.8.0 蘋果版本:8.8.0

開發者:北京正保會計科技有限公司

應用涉及權限:查看權限>

APP隱私政策:查看政策>

HD版本上線:點擊下載>

"Fixed Income": Introduction to Asset-Backed Securities

來源: 正保會計網校 編輯:小鞠橘桔 2021/02/20 09:39:34  字體:

選課中心

多樣班次滿足需求

選課中心

資料專區

干貨資料助力備考

資料專區

報考指南

報考條件一鍵了解

報考指南

學習是一個不斷積累的過程,每天學習一點,每天進步一點!為了幫助大家更高效地備考2021年CFA考試,正保會計網校每日為大家上新CFA習題供大家練習。讓網校與您一起高效備考2021年CFA考試,夢想成真!

Questions 1:

An investor who owns a mortgage pass-through security is exposed to contraction risk,which is the risk that when interest rates:

A 、decline, the security will effectively have a longer maturity than was anticipated at the time of purchase.

B 、decline, the security will effectively have a shorter maturity than was anticipated at the time of purchase.

C 、rise, the security will effectively have a shorter maturity than was anticipated at the time of purchase.

Questions 2:

How much will the value of a three-year $100 par value coupon bond with annual payments, a coupon rate of 9%, and a discount rate of 7% most likely change if market interest rates immediately increase by 1%?

A 、–2.68

B、 –3.47

C、 –2.40

View answer resolution
【Answer to question 1】B

【analysis】

B is correct. Contraction risk is the risk faced by investors when interest rates fall in that the security will effectively have a shorter maturity than was anticipated at the time of purchase because homeowners can refinance at new, lower interest rates. 

A is incorrect because contraction risk is the risk faced by investors when interest rates fall in that the security will effectively have a shorter, not longer, maturity than was anticipated at the time of purchase because homeowners can refinance at new, lower interest rates.

 C is incorrect because contraction risk is the risk faced by investors when interest rates fall, not rise, in that the security will effectively have a shorter maturity than was anticipated at the time of purchase because homeowners can refinance at new, lower interest rates.

【Answer to question 2】A

【analysis】

1

B is incorrect because it assumes a year passes before the discount rate increases from 7% to 8% and calculates a new bond value of 101.75.

 C is incorrect because it reverses the coupon rate and discount rate in the calculations.

成功=時間+方法,自制力是這個等式的保障。世上無天才,高手都是來自刻苦的練習。而人們經常只看到“牛人”閃耀的成績,其成績背后無比寂寞的勤奮。小編相信,每天都在勤奮練習,即使是一點點的進步,大家一定可以成為人人稱贊的“牛人”。

點擊了解更多CFA考試資訊>>

點擊了解CFA無憂直達班>>

學員討論(0

免費試聽

特許金融分析師限時免費資料

  • CFA報考指南

    CFA報考指南

  • CFA考試大綱

    CFA考試大綱

  • CFA歷年

    CFA歷年

  • CFA學習計劃

    CFA學習計劃

  • CFA思維導圖

    CFA思維導圖

  • CFA備考建議

    CFA備考建議

回到頂部
折疊
網站地圖

Copyright © 2000 - www.electedteal.com All Rights Reserved. 北京正保會計科技有限公司 版權所有

京B2-20200959 京ICP備20012371號-7 出版物經營許可證 京公網安備 11010802044457號

恭喜你!獲得專屬大額券!

套餐D大額券

去使用
報考小助理

備考問題
掃碼問老師

主站蜘蛛池模板: 亚洲三区视频 | 超碰在线 | 综合在线一区 | 欧美中文 | 一区二区 在线视频 | 日韩欧美一级片 | 午夜激情视频在线 | 99一区二区三区 | 久久99精品久久久久久久久久久久 | 成人一级毛片 | 精品一区二区三区四区五区六区七区 | 免费网站黄 | 国产一级免费视频 | 午夜在线免费观看视频 | 国产98在线 | 日韩 | 国产三级一区 | 视频一区二区三区中文字幕 | 麻豆免费网站 | 日本在线视频一区二区三区 | 黄色片一级黄色片 | 怡红院在线观看 | 精品国产鲁一鲁一区二区张丽 | 国产超碰人人做人人爽aⅴ 亚州国产 | 久久精品国产亚洲一区二区三区 | 国产资源第一页 | cao在线| 国产高清毛片 | 成人香蕉 | 国内精品一区二区三区 | 国产成人久久 | 精品国产高清一区二区三区 | 久久亚洲愉拍国产自367391 | 欧美三极 | 久久成人国产精品 | 国产高清一区二区 | 九九热视频在线观看 | 懂色av影视一区二区三区 | 欧美精品一区二区三区蜜桃视频 | 99re | 欧美 日韩 中文字幕 | 黄色成人免费电影 |