CFA Practice Question

There are 252 practice questions for this study session.

CFA Practice Question

Reduced form models assume that the company's ______ trade.
A. assets.
B. all liabilities.
C. zero-coupon bond.
Explanation: The models don't assume the company's assets, its remaining liabilities or even its equity trade. Other liabilities could be used in place of a zero-coupon bond.

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