备考CFA考试场内与场外交易市场和信用证知识点是不是掌握了?在学习CFA一级知识中考试题是不是都会做了,今天看看这个知识点的考试题你能不能做下来?跟着小编一起看看吧!

Which of the following statements most accurately describes exchange-traded derivatives relative to over-the-counter derivatives? Exchange-traded derivatives are more likely to have:

A. Greater credit risk.

B. Standardized contract terms.

C. Greater risk management uses.

解析:B is correct. Standardization of contract terms is a characteristic of exchange-traded derivatives. A is incorrect because credit risk is well-controlled in exchange markets. C is incorrect because the risk management uses are not limited by being traded over the counter.


考察场内与场外交易市场的区别,A和C都是属于场外市场的特点。

Which of the following is least likely to be a form of internal credit enhancement associated with a corporate bond issue?

A.Debt overcollateralization

B. Letter of credit

C. Debt subordination

解析:B is correct,A letter of credit is a form of external credit enhancement in which a financial institution provides the issuer with a credit line to be used for any cash flow shortfalls related to its debt issue.

信用证是属于外部信用加强。

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