NO.PZ2023040601000078
问题如下:
The sensitivity of a corporate bond’s spread to changes in the business cycle is most likely to be:
选项:
A.uncorrelated with the level of cyclicality in the company’s business.
positively correlated with the level of cyclicality in the company’s business.
negatively correlated with the level of cyclicality of the company’s business.
解释:
The sensitivity of a corporate bond’s spread to changes in the business cycle and the level of cyclicality tend to be positively correlated. The greater the level of cyclicality, the greater the sensitivity of the bond’s spread to changes in the business cycle.
这个答案能再解释一下吗?谢谢!