开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

卡布达 · 2021年03月27日

equity在发行的时候应该只有一个return吧

NO.PZ2016082405000089

问题如下:

Which of the following statements describe part of the risk mitigation process for a collateralized debt obligation (CDO)?

I. Default risk is restructured in such a way that previously lower-rated issues can be re-formulated into highly rated debt instruments.

II. The equity tranche has no certain return and bears the highest level of default risk.

选项:

A.

I only.

B.

II only.

C.

Both I and II.

D.

Neither I nor II.

解释:

C The default risk in a CDO is structured through various tranches in such a way that a pool of assets that were once lower rated could be rated after the securitization process. The equity tranche is the most junior tranche. Therefore, it offers the highest return potential but with no certain return. The equity tranche also bears the highest level of default risk.

只是说有可能达不到 所以不能说是no certain return吧

1 个答案

小刘_品职助教 · 2021年03月27日

同学你好,

现实生活中equity在发行时是不会给一个return的,因为底层资产的不确定性太大了,是没有办法测算出来一个return的,而且对投资人来说也没有必要,一般equity多数是自持。