FRM二级易错题精选：The geometic average return（计算题）丨Matt James is assessing the performance of his portflio over the last four years.In computing the average return,he decides to use the geometric average retum since it provides a
FRM二级易错题精选：Autocorrelation丨Arisk analyst in a fund of funds is gauging the liquidity risk exposure of a hedge fund by examining the autocorrelation in the fund's returns.If found,a significant first-order autocorrelation coefficient
FRM二级易错题精选：Collateralized Bond Obligation(CBO)丨A pool of high yield bonds is placed in an SPV and three tranches(including the equity tranche)of bonds are issued collateralized by the bonds to create a Collateralized Bond Obligation(
FRM二级易错题精选：Convertible arbitrage strategy丨Identify the risks in a convertible arbitrage strategy that takes long positions in convertible bonds hedged with short positions in treasuries and the underlying stock.
FRM二级易错题精选：The capital structure in a securitization丨How many of the following statements concerning the capital structure in a securitization are most likely correct?
FRM二级易错题精选：Cumulative probability丨The cumulative probability of default for a note over tvvo years is 3.8%.If the probability of default during the first year is 1.5%,the probability of default during the second year is closest to: