最新的AIWMI Certified Credit Research Analyst Level 2 - CCRA-L2免費考試真題
問題1
Mr. A shares details of two bonds as follows:
Determine the interpolated spread for Bond X and Bond Y?
Determine the interpolated spread for Bond X and Bond Y?
正確答案: D
問題2
The following information pertains to bonds:
Further following information is available about a particular bond 'Bond F' There is a 10.25% risky bond with a maturity of 2.25% year(s) its current price is INR105.31, which corresponds to YTM of 9.22%. The following are the benchmark YTMs.
Following are the relevance of Industry Analysis:
Statement 1: Evaluating Industry risk is the first and foremost step for top down approach of analysis.
Statement 2: Industry Analysis is relevant for analyzing the industry life cycle, which is highly important from the perspective of an investor or lender.
State which is/are correct?
Further following information is available about a particular bond 'Bond F' There is a 10.25% risky bond with a maturity of 2.25% year(s) its current price is INR105.31, which corresponds to YTM of 9.22%. The following are the benchmark YTMs.
Following are the relevance of Industry Analysis:
Statement 1: Evaluating Industry risk is the first and foremost step for top down approach of analysis.
Statement 2: Industry Analysis is relevant for analyzing the industry life cycle, which is highly important from the perspective of an investor or lender.
State which is/are correct?
正確答案: C
問題3
In Steepening short term rates ______relative to long term rate
正確答案: A
問題4
__________Strategy consists of buying a bond with maturity longer than the investment horizon (for investor) or buying a long-maturity bond with short-term funding through repo (for speculator).
正確答案: A
問題5
Statement 1: The Yields on the MBS PTCs are normally higher than the yields on the corporate bonds of similar ratings.
Statement 2: The reason for difference in yields on the corporate bonds and similarly rated PTCs is on account of the optionality in the PTC, the unfamiliarity of the structure and uncertainties in respect of legal and structural issues.
Which of the above statements is correct?
Statement 2: The reason for difference in yields on the corporate bonds and similarly rated PTCs is on account of the optionality in the PTC, the unfamiliarity of the structure and uncertainties in respect of legal and structural issues.
Which of the above statements is correct?
正確答案: C
問題6
Which of the following is false in case of credit enhancements?
正確答案: B
問題7
Butterfly strategy is a combination of
正確答案: B
問題8
The following information pertains to bonds:
Further following information is available about a particular bond 'Bond F' There is a 10.25% risky bond with a maturity of 2.25% year(s) its current price is INR105.31, which corresponds to YTM of 9.22%. The following are the benchmark YTMs.
From the time January 2013 to April 2013, what can you predict about the market conditions, assuming the GSec has not changed?
Further following information is available about a particular bond 'Bond F' There is a 10.25% risky bond with a maturity of 2.25% year(s) its current price is INR105.31, which corresponds to YTM of 9.22%. The following are the benchmark YTMs.
From the time January 2013 to April 2013, what can you predict about the market conditions, assuming the GSec has not changed?
正確答案: A
問題9
The following information pertains to bonds:
Further following information is available about a particular bond 'Bond F' There is a 10.25% risky bond with a maturity of 2.25% year(s) its current price is INR105.31, which ccorresponds to YTM of 9.22%. The following are the benchmark YTMs.
Assume that the general market rates have increased. An issuer, Revolution Ltd has plans to roll over its existing commercial paper and forth coming reset dates for its floating rate bonds are very near.
Which of the following ratios for revolution will get impacted?
Further following information is available about a particular bond 'Bond F' There is a 10.25% risky bond with a maturity of 2.25% year(s) its current price is INR105.31, which ccorresponds to YTM of 9.22%. The following are the benchmark YTMs.
Assume that the general market rates have increased. An issuer, Revolution Ltd has plans to roll over its existing commercial paper and forth coming reset dates for its floating rate bonds are very near.
Which of the following ratios for revolution will get impacted?
正確答案: A
