NO.PZ2024042601000052
问题如下:
In a bilaterally cleared derivatives transaction between two companies (Company A and Company B), Company B defaults. The value for Company A is a positive $60,000 and the collateral posted by Company B is $20,000. In this situation, Company A is a(n):
选项:
A.secured creditor in the amount of $20,000
B.secured creditor in the amount of $40,000
C.unsecured creditor in the amount of $20,000
D.unsecured creditor in the amount of $40,000
解释:
The total value for Company A (as the nondefault party) is positive, and at $60,000, it exceeds the $20,000 collateral posted by Company B (as the default party). Company A will be an unsecured creditor for an amount equal to $60,000 − $20,000 = $40,000.
A为啥不对