- CFA Exams
- CFA Level I Exam
- Topic 6. Fixed Income
- Learning Module 29. Credit Analysis Models
- Subject 7. Credit Analysis for Securitized Debt
CFA Practice Question
A ______ approach should be used to evaluate short-term finance vehicles with granular, homogeneous obligations.
B. statistical-based
C. loan-by-loan
A. portfolio-based
B. statistical-based
C. loan-by-loan
Correct Answer: B
For securitized debt, the characteristics of the asset portfolio themselves suggests the best approach for a credit analyst to take when deciding among investments.
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