题目内容

The least likely way to terminate a swap is to:

A. Purchase and exercise a swaption.
B. Pay the market value to the counterparty.
C. Sell an offsetting swap listed on an exchange.

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Gardner Knight, CFA, is a product development specialist at an investment bank. Knight is responsible for creating and marketing collateralized debt obligations (CDOS) consisting of residential mortga

A. Suitability
B. Conflicts of Interest
Client Communication

A graphic depiction of a continuous distribution that shows the left tail to be longer than the right tail is best described as having:

A. lepto-kurtosis
B. Positive skewness
C. Negative skewness.

Kirsten Kelso, CFA, is a research analyst at an independent research firm. Kelso is part of a team of analysts who focus on the automobile industry. Recently, Kelso disagreed with two research sell re

A. Fair Dealing
B. Communication with Clients
C. Diligence and Reasonable Basis

An investor might consider investments in commodities because, historically, commodity returns have had a higher positive correlation with:

A. inflation.
Bond returns.
C. Stock returns.

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