When selecting between credit models, which of the following factors is least important? A. That the models parameter estimates are linear. ...
2015-11-27 15:11Which ofthe following statements regarding performance attribution and performance analysis is correct? A. Performance attribution analysis ...
2015-11-27 15:11A risk analyst in a fund of funds is gauging the liquidity risk exposure of a hedge fund by examining the autocorrelation in the funds retur ...
2015-11-27 15:11Which of the following statements about the calculation of unexpected loss is CORRECT? A. Loss given default follows a binomial distribution ...
2015-11-27 15:11A 12-year, 8 percent annual coupon bond with $100 par value currently sells at par. The bond is callable at 102. What is the effective durat ...
2015-11-27 15:11A risk manager simulates the Worst Case Scenario (WCS) data in the following table using 10,000 random vectors for time horizons, H , of 50 ...
2015-11-27 15:11If a 10-day VAR is $15,000,000, the 250-day VAR, assuming no change in confidence level, would be: A. $75,000,000. B. $237,000,000. C. $23,7 ...
2015-11-26 19:11Charmaine Townsend, FRM, has been managing a growth portfolio for her clients using a screening process that identifies companies that have ...
2015-11-26 19:11A callable bond with an 8.2 percent annual coupon will mature in two years at par value. The current one-year spot rate is 7.9 percent. For ...
2015-11-25 14:11David Black wants to test whether the estimated beta in a market model is equal to one. He collected a sample of 60 monthly returns on a sto ...
2015-11-25 14:11One of the features of using only modified duration for estimating change in price is that the size of the estimated price change is: A. the ...
2015-11-24 10:11Reduction of risks not under managements control: A. may cause managers to overinvest. B. makes stock options more valuable. C. cannot impro ...
2015-11-24 10:11Paul Wilken works in the structured product group of a large investment bank. One of his new tasks is to perform valuation analysis on mortg ...
2015-11-23 09:11An exchange-for-physicals, as it pertains to futures contracts: A. involves an agreement off the floor of the exchange. B. is another term f ...
2015-11-23 09:11小编导读：FRM备考时，每天都要坚持练题。做卷子很麻烦？那就来刷高顿FRM题库吧！高顿题库全球财经*9题库（精题真题、全真模考系统、名师答疑） 点击 ...
2015-11-23 08:11Which of the following develops more precise estimates of VAR? A. The beta model. B. A full covariance matrix. C. A diagonal matrix. D. The ...
2015-11-20 18:11If the volatility of interest rates increases, the prices of a putable bond and a callable bond will most likely: A. Putable bond: Increase ...
2015-11-20 18:11A 10-year zero coupon bond is callable annually at par (its face value) starting at the beginning of year 6. Assume a flat yield curve of 10 ...
2015-11-20 18:11A primary criticism with the comparative advantage argument as justification for the existence of swaps is related to which of the following ...
2015-11-20 18:11Consider the primary methods of assessing the risk of a portfolio position through stress testing. Which of the following does not accuratel ...
2015-11-20 18:11Political risk is most accurately defined as the: A. risk that a foreign government, acting in concert with its central bank, will limit or ...
2015-11-20 18:11FRM考试之前，记得回顾常用的公式，FRM一级考试中计算题较多，熟记公式让你做题更加迅速。 1.A 12-year, 8 percent annual coupon bond with $100 par ...
2015-11-19 09:11距离FRM考试还有最后两天，坚持到底，终获成功！高顿网校FRM小编在此预祝广大考生斩获佳绩！ 1.Immunization is the process of offsetting the effec ...
2015-11-19 09:11Given a single monthly mortality rate (SMM) of 0.45 percent, a mortgage pool with a $200,000 principal balance outstanding at the beginning ...
2015-11-19 09:11The CAPM assumes that all investors will hold the same portfolio of risky assets. With respect to borrowing at the risk-free rate and on sho ...
2015-11-19 09:112016年FRM报考在即，做好前期规划很重要。备考FRM，做题少不了，高顿网校精品题库，包含历年真题，模拟试题等题型，题题结合考试大纲贴近考试考点。坚 ...
2015-11-18 09:11Which of the following statements is (are) FALSE concerning extreme value distributions? I.Using block maxima, local maxima may not resemble ...
2015-11-18 09:11When the tails of a distribution are fatter than that implied by a normal distribution, we say that the distribution is: A. platykurtic. B. ...
2015-11-18 09:11小编导读：2016年FRM报考即将开始，您还会为FRM考试感到烦恼吗？高顿网校精品题库，包含历年真题，模拟试题等题型，题题结合考试大纲贴近考试考点。坚 ...
2015-11-17 10:11小编导读：高顿FRM题库全球财经*9题库（精题真题、全真模考系统、名师答疑） 点击进入每日一练免费在线测试 1.A distribution of asset returns that ...
2015-11-17 10:11
