A. Option D
B. Option A
C. Option B
D. Option C
Answer: C
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NEW QUESTION: 1
If two bonds with identical credit ratings, coupon and maturity but from different issuers trade at different spreads to treasury rates, which of the following is a possible explanation:
I. The bonds differ in liquidity
II. Events have happened that have changed investor perceptions but these are not yet reflected in the ratings III. The bonds carry different market risk IV. The bonds differ in their convexity
A. I and II
B. I, II and IV
C. II and IV
D. III and IV
Answer: A
Explanation:
Explanation
When two bonds that appear identical in every respect trade at different prices, the difference is often due to differences in liquidity between the two bonds (the less liquid bond will be cheaper and yield higher), and also due to the fact that ratings from the major rating agencies do not generally react to day to day changes in the market. The market's perception of the differences in the two credits will cause a divergence in the prices. This has been an extremely visible phenomenon during the credit crisis of 2007-2009, where fixed income security prices have changed sharply for many securities without any changes in external credit ratings.
Bonds carrying 'different market risk' is meaningless, and so is the difference in convexity (because the calculated convexity would be identical for similar bonds).
Therefore Choice 'c' is the correct answer.
NEW QUESTION: 2
A. Option D
B. Option A
C. Option B
D. Option C
Answer: C
NEW QUESTION: 3
한 회사가 타사 공급 업체를 사용하여 시장 분석을 관리하고 있습니다. 공급 업체는 회사 계정의 리소스에 대한 제한된 프로그래밍 방식 액세스가 필요합니다. 적절한 액세스 권한을 부여하기 위해 필요한 모든 정책이 작성되었습니다.
공급 업체에 계정에 대한 가장 안전한 액세스 권한을 제공하는 추가 구성 요소는 무엇입니까?
A. 서비스 제어 정책 (SCP) 구현
B. IAM 사용자를 생성합니다.
C. 외부 ID가있는 교차 계정 역할을 사용합니다.
D. SSO (Single Sign-On) ID 공급자를 구성합니다.
Answer: C