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标题: Reading 30: Relative-Value Methodologies for Global Credit [打印本页]

作者: wzaina 时间: 2009-3-6 09:23 标题: [2009] Session 9 - Reading 30: Relative-Value Methodologies for Global Credit

LOS c: Summarize the influence of investors' short- and long-term liquidity needs on portfolio management decisions.

Q1. Investors that desire to sacrifice liquidity in exchange for increased returns are least likely interested in which of the following types of bonds:

A) Treasury issues.

B) private placements.

C) smaller-sized issues.

Q2. Investors that are willing to give up additional return in exchange for increased liquidity are least likely interested in which of the following types of bonds:

A) private placements.

B) large-sized issues.

C) Treasury issues.

Q3. The ability to buy or sell quickly at a fair price is best described by which of the following terms?

A) Liquidity.

B) Efficiency.

C) Marketability.

作者: wzaina 时间: 2009-3-6 09:26 标题: [2009] Session 9 - Reading 30: Relative-Value Methodologies for Global Credit

LOS c: Summarize the influence of investors' short- and long-term liquidity needs on portfolio management decisions. fficeffice" />

Q1. Investors that desire to sacrifice liquidity in exchange for increased returns are least likely interested in which of the following types of bonds:

A) Treasury issues.

B) private placements.

C) smaller-sized issues.

Correct answer is A)

Some investors are willing to give up liquidity by investing in issues that possess relatively higher expected returns. Treasury issues do not fall into this category because they have relatively high liquidity, and little or no liquidity yield premium.

Q2. Investors that are willing to give up additional return in exchange for increased liquidity are least likely interested in which of the following types of bonds:

A) private placements.

B) large-sized issues.

C) Treasury issues.

Correct answer is A)

Many investors are willing to give up additional return in exchange for greater liquidity. Private placement issues typically have relatively low liquidity.

Q3. The ability to buy or sell quickly at a fair price is best described by which of the following terms?

A) Liquidity.

B) Efficiency.

C) Marketability.

Correct answer is A)

Liquidity is the ability to buy or sell quickly at a fair price.

作者: sweetgao 时间: 2009-4-16 22:06

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作者: zhouyp1982 时间: 2009-4-18 08:00

j

作者: pundit 时间: 2009-4-20 15:50

A

作者: miguelliu 时间: 2009-5-7 08:48

 a

作者: bucentaur 时间: 2009-5-19 11:25

re

作者: mashanghao 时间: 2009-5-19 17:41 标题: 回复：（wzaina）[2009] Session 9 - Reading 30: Rel...

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作者: sszzyyll 时间: 2009-5-28 14:30

 d

作者: rc2008 时间: 2009-6-1 23:13

a

作者: eshen 时间: 2009-6-2 12:49

re

作者: luck 时间: 2009-10-15 11:30

thx

作者: dandinghe4748 时间: 2009-10-29 16:18

GOOD

作者: jrxx99 时间: 2009-12-28 15:34

[2009] Session 9 - Reading 29: Fixed-Income Portfolio Management—Part I- LOS h～ Q1-5

作者: 1212jo 时间: 2010-1-1 21:59 标题: happy new year!

happy new year!

作者: leeyaoxee 时间: 2010-3-29 09:53 标题: 回复：（wzaina）[2009] Session 9 - Reading 30: Rel...

Thanks.

作者: beatum 时间: 2010-5-28 18:56

 re

作者: 思霖 时间: 2010-9-26 14:26

Thx!

作者: lenny_chen 时间: 2011-2-16 14:39

x

作者: aleckkwong 时间: 2011-3-9 10:56

2A

作者: maxsimax 时间: 2011-4-28 14:33

tq

作者: deqiang 时间: 2011-5-2 00:34

thanks.

作者: suodi 时间: 2011-5-17 15:59

[em50]

作者: luqian55 时间: 2011-5-25 01:35

thank you

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