NO.PZ2020033003000029
问题如下：
Which of the following options correctly describes the relationship between CDS spreads and hazard rates?
选项：
A.
Several standardized maturities of CDS provide us with several discrete maturities to calculate hazard rates through bootstrapping methodology.
B.
Several standardized maturities of CDS provide us with several discrete maturities to calculate hazard rates through mapping.
C.
Using bootstrapping methodology, hazard rates can be used to calculate CDS spreads.
D.
Using mapping methodology, hazard rates can be used to calculate CDS spreads.
解释：
A is correct.
考点：Hazard Rates-Risk-neutral Hazard Rates, Using CDS to estimate hazard rates
解析：我们可以获取市场上的CDS spreads，然后用bootstrapping的方式求出来hazard rate。
不记得了，基础班讲义多少页
