139****17192022-08-09 10:11:41
Credit risk of a corporate bond is best described as the: a.risk that an issuer’s creditworthiness deteriorates. b.probability that the issuer fails to make full and timely payments. c.risk of loss resulting from the issuer failing to make full and timely payments.老师好,想问下这道题为什么不能选b啊?
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Danyi2022-08-09 13:06:00
同学你好,
因为选项B描述的是Default risk。而credit risk包括Default risk和Loss severity。B不全面,见下图讲义
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