Seeing is believing!

Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.

Basic Question 0 of 12

In most cases, an equity qualifies as a VIE if equity at risk is less than ______ of total assets.

A. 5%.
B. 10%.
C. 20%.

User Contributed Comments 4

User Comment
broadex Where is this 10% coming from?
merc5559 the reading
ashish100 came from ben graham
ashish100 Jk came from reading
You need to log in first to add your comment.
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

explain the swap rate curve and why and how market participants use it in valuation;

calculate and interpret the swap spread for a given maturity;

describe short-term interest rate spreads used to gauge economy-wide credit risk and liquidity risk;

CFA® 2025 Level II Curriculum, Volume 4, Module 26.