您現(xiàn)在的位置：首頁試題精選 FRM考試歷年易錯(cuò)題征集內(nèi)容詳情

FRM考試歷年易錯(cuò)題征集內(nèi)容詳情

發(fā)表時(shí)間： 2020-08-03 10:24:47 編輯：金程網(wǎng)校

FRM考試歷年易錯(cuò)題征集內(nèi)容詳情，由金程FRM研究院及往年FRM考試學(xué)員匯總整理的【FRM一級(jí)常見易錯(cuò)題】出來了。

FRM考試歷年易錯(cuò)題征集內(nèi)容詳情

由金程FRM研究院及往年FRM 考試學(xué)員匯總整理的【FRM一級(jí)常見易錯(cuò)題】出來了。

根據(jù)FRM 考試往年FRM真題及FRM參考學(xué)員的親身答題體驗(yàn)編寫而成，看完復(fù)習(xí)效率立馬提升80%!

為了幫助更多的FRM考生通過考試，現(xiàn)在向廣大考生征集FRM一級(jí)考生易錯(cuò)練習(xí)題。

對(duì)于每一位提供易錯(cuò)題的同學(xué)，待整理完畢后可獲得全套最新易錯(cuò)題PDF.》》》點(diǎn)我免費(fèi)獲取完整版FRM易錯(cuò)題PDF版

1.Which of the following reasons most completely describes why country risk assessment is prone to error?

A. While data is accurate, it is often incomplete.

B. Different accounting standards are used in different countries.

C. Disclosure requirements are inconsistent across international borders.

D. The exchange rate correlations are unstable during economic downturns.

2.Which of the following bonds bears the greatest price impact if its yield declines by one percent? A bond with:

A. 30-year maturity and selling at 100.

B. 10-year maturity and selling at 100.

C. 10-year maturity and selling at 70.

D. 30-year maturity and selling at 70.

3.The characteristic function of the product of independent random variables is equal to the:

A. square root of the product of the individual characteristic functions.

B. exponential root of the product of the individual characteristic functions.

C. product of the individual characteristic functions.

D. sum of the individual characteristic functions.

點(diǎn)擊下方圖片咨詢你需要的課程（下圖僅展示了部分FRM課程）↓ ↓ ↓

Answer:

1.D

In addition to contagion, there are other reasons why country risk assessment is prone to error. First of all, the interrelationship among the relevant variables is complex and hard to model. Also, many sovereign and foreign borrowers provide incomplete and/or inaccurate information.

2.D

There are three features that determine the magnitude of duration:

（1） The lower the coupon, the greater the bond price volatility.

（2） The longer the term to maturity, the greater the price volatility.

（3） The lower the initial yield, the greater the price volatility.

The bond with the 30-year maturity will have a greater price impact than the 10-year maturity. The bond selling at the greatest discount will have a large price impact, a discount means that the coupon payments are low or the initial yield is low. So, the bond with the 30-year maturity and selling at 70 will have the greatest price volatility.

3.C

The characteristic function of the sum of independent random variables is equal to the product of the individual characteristic functions. E（XY） = E（X） × E（Y）。

》》》想要購買FRM學(xué)習(xí)資料的可在線咨詢

完善下表，48小時(shí)內(nèi)查收全套FRM備考資料

（如果沒收到資料，可以點(diǎn)我咨詢）
　