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CFA一級(jí)固定收益真題練習(xí)

1:Which of the followings is not the advantage of derivative?

A.Liquidity improvement.

B.Price discovery.

C.Inflation reduction.

Solution:C

2:Which of the following is the benefit of issuing bonds through a special purpose vehicle?

A.Bankruptcy remoteness.

B.Beneficial tax treatments.

C.Greater liquidity and lower issuing costs.

Solution:A

3:Which of the following bonds can be repaid by using the repayment of previous loans made by the issuer is:

A.Sovereign bonds.

B.Supranational bonds.

C.Non-sovereign bonds.

Solution:B

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