问题如下：
3.The scenario analysis that Hamilton prepares for the committee is most likely a:
选项：
A.stress test.
B.historical scenario.
C.hypothetical scenario.
解释：
C is correct.
A hypothetical scenario analysis allows the risk manager to estimate the likely effect of the scenario on a range of portfolio risk factors. A sovereign ratings downgrade would affect Hiram’s India equity and corporate bond exposures as well as the government bond exposure. In addition, the assumptions used in constructing the scenario analysis can specifically address the effect of a need to sell large position sizes under decreased liquidity conditions resulting from a ratings downgrade. VaR alone does not accurately reflect the risk of large position sizes, which may be difficult to trade.
考点：scenario analysis
解析：国债评级下调是一件还没有发生的事件，所以属于hypothetical scenario analysis。
stress test是将所有因素调成最差情况来看影响的严重程度，而这里国债评级下调只是一个影响因素，这个影响因素也并不是极端情况，所以不属于压力测试。
感觉这道大题的题目顺序不是依次按照段落来的，看到问题不知道指的是哪一段。。。考试会出现这种类型的题吗
