NO.PZ2020042003000086
问题如下：
which of the following statements about
risk premiums is NOT correct?
选项：
A. When the economy goes into a
recession, the default-risk premium will increase
A premium for liquidity risk,
as some instruments are more difficult to sell quickly at a favorable price.
Higher inflation reduces
purchasing power unless a higher inflation-risk premium.
Call
risk is a lender has the right to return a loan early, thus reducing the
lender’s expected rate of return if market interest rates have fallen.
解释：
考点：对Risk Management for Changing Interest
Rates: ALM and Duration Techniques- Interest Rate Risk的理解
答案：D
解析：
选项D的前半句错误，Call risk是Lender面临资金被提前偿还的风险。前半句改为正确的
为：a borrower has the right to pay off a
loan early
which of the following statements about risk premiums is NOT correct?
您的回答C, 正确答案是: D
A
When the economy goes into a recession, the default-risk premium will increase
B
A premium for liquidity risk, as some instruments are more difficult to sell quickly at a favorable price.
C
Higher inflation reduces purchasing power unless a higher inflation-risk premium.
D
Call risk is a lender has the right to return a loan early, thus reducing the lender’s expected rate of return if market interest rates have fallen.
如果有个更高的通胀溢价，那购买力岂不是更低？？
