2020年11月FRM一级押题卷新增（含答案解析）.docx

该【2020年11月FRM一级押题卷新增（含答案解析） 】是由【经管专家】上传分享，文档一共【44】页，该文档可以免费在线阅读，需要了解更多关于【2020年11月FRM一级押题卷新增（含答案解析） 】的内容，可以使用淘豆网的站内搜索功能，选择自己适合的文档，以下文字是截取该文章内的部分文字，如需要获得完整电子版，请下载此文档到您的设备，方便您编辑和打印。.专业·创新·增值PortfolioRettunsR?ssell1000R?ssell2000R??tl1eregressio?resttlts,wlt?chstateme?t?s?t1conect??ghconelatio?sbetwee?eachpa江ofit1dexre血nsi?dicatethatm?lt?col???eruityexistsbetwee?thev叨ables??th?sre?·essio?.?ghadj?stedR?2i?dicatesthattheest?matedcoe?cie?tso?theR?ssell1000,R?ssell2000,a?dR?ssell3000I?dexesarestatisticallysi?i??ca?t??thatmo?thlyrettunsoftheR?ssell1000Index,theR?ssell2000I?dex,a?dtheR?ssell3000I?dexru·%,%a?d2%,theexpectedmo?thlyre血nofthe?lm?%.?ghp-val??d?catesthatthere??essio?coe?cie?tofthere血nsoftheR?ssell1000I?dexisstatistically??si?i?ca?ttha?theo?ertwo???I?desig?i?gitssoverei?bo?d??ves??e?teval?atio?methodology,theI?vestme?tComm?tteeatyom?lmisdecid??gwhetherto??co1poratesovere?g?creditrat??gsbyma阿??s(?amelyS&P,Moody's,a?d/orFitch)?Yomcolleag?eMa1yasse1tsthatyom??sho?ldNOTdepe?do?sovereig?creditrat?ngsbymajor??rms?Shemakesthefom1扣:g?me?tsbelow???chofherai·g?me?tsbelowistheMOSTpersuasive???gage?cieshaveaco??ictof??terestswithrespecttosovereig?rat???Fora?ygive?sovereig?bo?d,thereisve1ylittleco?siste?cyamo?gtheage?ciess?chthata?yalmostrati?gca?bejust????ciestaketoolo?gtocha?gesovereig?rat??gs,i?cl?di?gthespecialcaseofa?overly-optimist?crat??gthatfailstoa?ticipatedeepsovereig?1isko?lytos?dde?lydow?gradethesoverei?m?ltipletimesi?asho1tper??pa1i?gs?vere??rat??gstoactualsovere?g?de??lt?ge?erallyprod?ce?ostaticallymea???gfulcoffelatio?;??e?,de???tratesof??vestme?tgradesovereig?bo?dsare?otstatist?callylesstha?defa?ltratesofspec?lativesovere?g?bo?-·创新·增值Thep1iceoftll?sbondr?ses??n?eres?ra?es?l?by30bas?spo?ntsand?lls?o92?75when?n?e?es??a?esl???vedma??onoftl郎bond?scloses??o:??6??ha?a?andomva1iableX?l?owsano?nald?stiibu??on,le?Y=A+BX,whe?eAandBa?ebo?hcons?an?va?uesandb?snega??ve,whichof?he??l?ow?ngs?a?emen?sai·e?nconec???s?den??cal?o?hemeanofX?B?The?oca??onsh??ofAhasnoe?ecton?hevar?anceofY??s?den??ca??o?hektutos??The血tos?s?s1ma?fec?edbydec?eaLsingl?nea???ans????a??ons?24?They?eldcmve?supwa?dslop?ng?Youhaveasho1tT-bond????espos????l?ow?ngbondsa?eel?g?ble??de??ve1y:BondABCSpo?pdceCoupon102-14/324%106-19/325%98-12/323%Conve?s?on?c??????esp1ice?s103-17/32and?hema?tui?yd:a?eof?hecon订ac??sSep?embe??he江couponsem?皿ua?lyonJune30andDecembe?31?Thecheapes??odel?verbond?s:??ic?en????1ma???e?r·ade?swhose1iskyoumon??o?pu?onac叩y?r·adewhe?ehebo?ows?yenand?ves?s?someeme?g?gmai-ke?bondswhosepe???1mance?s?dependen?ofyen?Wh?chofthe?l?ow?g??sksshouldyouno?wo?yabou???eddevalua??onof?-22