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NEW QUESTION: 1



A. 3000 bytes
B. 1500 bytes
C. 9216 bytes
D. 2000 bytes
Answer: B

NEW QUESTION: 2

A. Option A
B. Option B
C. Option D
D. Option C
Answer: A,C

NEW QUESTION: 3
Which of the following are considered counterparty based credit enhancements?
I. Collateral
II. Credit default swaps
III. Close out netting arrangements
IV. Guarantees
A. I and IV
B. I and III
C. I, II and IV
D. II and IV
Answer: D
Explanation:
Explanation
Credit enhancements come in two varieties: counterparty based, where the exercise of the credit enhancement requires a third party to pay, and this includes guarantees and CDS contracts. Asset based credit enhancements are based upon a physical asset in possession, and these include collateral and balances owed on other trades or transactions, and availed through close out netting arrangements.
Of the listed choices, I and III are asset based credit enhancements, and II and IV are third party based.