2008 CFA Level 1 － Sample 样题(2)－Q55 style, black, class

bingning

55、Would credit spreads most likely widen during an economic:

	contraction?	expansion?
A.	No	No
B.	No	Yes
C.	Yes	No
D.	Yes	Yes

A. Answer A

B. Answer B

C. Answer C

D. Answer D

[此贴子已经被作者于2008-11-7 13:05:15编辑过]

bingning

55、Would credit spreads most likely widen during an economic:

	contraction?	expansion?
A.	No	No
B.	No	Yes
C.	Yes	No
D.	Yes	Yes

A. Answer A

B. Answer B

C. Answer C

D. Answer D

  
Correct answer = C

"Understanding Yield Spreads," Frank J. Fabozzi
2008 Modular Level I, Vol. 5, pp. 355-356
Study Session 15-65-f
describe a credit spread and discuss the suggested relationship between credit spreads and the economic well-being of the economy
Credit spreads tend to widen during an economic contraction and tend to narrow during an economic expansion. 

volt28ma

看答案

fatiger

k

刀剑如梦

好 好

isaisaisa

c

leeh

up

oleander

c

tannyyu

ddfdsa

treachu

thanks