FRM真题练习对于备考中的考生是很重要的,广大考生一定要多做练习。下面是融跃小编列举的相关真题解析,希望对你有所帮助!

Which of these statements is/are correct? .

》》》2022年新版FRM一二级内部资料免·费领取!【精华版】

点击领取

I. Under the cash flow mapping approach, only the risk associated with the average maturity is mapped.

II. Cash flow mapping is the least precise method of risk mapping.

III. Under the duration mapping approach, the risk of a bond is mapped to a zero-coupon bond of the same duration.

IV. Using more risk factors generally leads to better risk measurement but also requires more time to be devoted to the modeling process and risk computation.

A) I and II

B) I, III, and IV

C) IV only

D) III and IV

答案:D

解析:Under the cash flow mapping approach, each payment (and not only the last one) is associated with a different risk factor, so statement I. is incorrect. Statement II. is incorrect because the CF mapping approach is more correct than duration or maturity mapping.

Which of these statements regarding risk factor mapping approaches is/are correct?

I. Under the cash flow mapping approach, only the risk associated with the average maturity of a fixed-income portfolio is mapped.

II. Cash flow mapping is the least precise method of risk mapping for a fixed-income portfolio.

III. Under the duration mapping approach, the risk of a bond is mapped to a zero-coupon bond of the same duration.

IV. Using more risk factors generally leads to better risk measurement but also requires more time to be devoted to the modeling process and risk computation.扫码领取

A) I and II

B) I, III, and IV

C) III and IV

D) IV only

答案:C

解析:Under the cash flow mapping approach, each payment (and not only the last one) is associated with a different risk factor, so statement I. is incorrect. Statement II.is incorrect because the CF mapping approach is more correct than duration or maturity mapping.

如果想要获得更多关于FRM考试的真题解析,点击在线咨询或者添加融跃老师微信(rongyuejiaoyu)!