MENU
Basket Default swaps could be
Suggested Answer: C
Get Premium CCRA-L2 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
27 comments · newest first
DO
Dorethea
11 months ago
Totally agree with A, it keeps things more manageable.
GL
Gladys
11 months ago
Wait, can they really be from the entire global space? That sounds risky!
FA
Fannie
12 months ago
C seems off, reference securities should be more specific.
CO
Coleen
12 months ago
I think B is also valid, global sectors make sense too.
AV
Avery
1 year ago
A is correct, sectors can be from the same economy.
LU
Luis
1 year ago
I’m a bit confused about the global aspect; I thought basket default swaps were usually limited to a specific economy, but maybe they can be broader?
UN
Una
1 year ago
I feel like we practiced a question similar to this, and it mentioned that reference sectors should ideally be from the same sector to reduce risk.
MA
Mable
1 year ago
I remember studying that basket default swaps can reference multiple sectors, but I can't recall if they can be global or just from one economy.
SA
Sang
1 year ago
I think basket default swaps can have reference securities from the same sector, but I'm not entirely sure if they can also include different sectors from the same economy.
RU
Ruth
1 year ago
I remember discussing basket default swaps in class. I believe the correct answer is that the reference sectors could be the entire global space.
EL
Ellen
1 year ago
I'm not sure about this one. I'll have to guess and hope for the best.
FE
Felton
1 year ago
Hmm, I'm not too familiar with basket default swaps. I'll have to review my notes on that topic.
JA
Jacklyn
1 year ago
This question seems a bit tricky. I'll need to think it through carefully.
HE
Henriette
1 year ago
Okay, I think I know the answer to this one. The reference sectors could be from the same economy.
SH
Shawana
2 years ago
Hmm, I'm feeling C. Keeping it all in the same sector just makes sense to me.
SA
Samira
2 years ago
B all the way! Diversifying across the global space is where it's at.
KA
Kayleigh
2 years ago
C) reference securities are from the same sector
IL
Ilona
2 years ago
B) reference sectors could be the entire global space
CH
Christiane
2 years ago
A) reference sectors could be from the same economy
DE
Delila
2 years ago
But wouldn't it make more sense for reference securities to be from the same sector?
CA
Carylon
2 years ago
I disagree, I believe reference sectors could be the entire global space.
AR
Arlette
2 years ago
A and C seem like the most logical options. I'm gonna go with A - reference sectors from the same economy.
AL
Alisha
2 years ago
Yeah, A and C both make sense, but I think A is the safer choice.
YV
Yvonne
2 years ago
I'm leaning towards A as well, sticking with reference sectors from the same economy.
GL
Glen
2 years ago
I think C could also work, as reference securities from the same sector could make sense.
LE
Leonie
2 years ago
I agree, A does seem like a logical choice.
DE
Delila
2 years ago
I think Basket Default swaps could be from the same economy.