Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

PRMIA Exam 8007 Topic 1 Question 70 Discussion

Actual exam question for PRMIA's 8007 exam
Question #: 70
Topic #: 1
[All 8007 Questions]

In a portfolio there are 7 bonds: 2 AAA Corporate bonds, 2 AAA Agency bonds, 1 AA Corporate and 2 AA Agency bonds. By an unexplained characteristic the probability of any specific AAA bond outperforming the others is twice the probability of any specific AA bond outperforming the others. What is the probability that an AA bond or a Corporate bond outperforms all of the others?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Cassi at Apr 23, 2024, 09:56 PM

Limited Time Offer

25%

Off

Get Premium 8007 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Jenise
11 months ago
Not sure, but I heard it's used in optimization problems. Answer C makes sense.
upvoted 0 times
...
Luz
1 years ago
Yes, second derivatives form a matrix. I’m choosing C too.
upvoted 0 times
...
Bo
1 years ago
So, could it be the matrix of second derivatives? Answer C?
upvoted 0 times
...
Antonio
1 years ago
I believe it's something with a matrix... Jacobian or Hessian?
upvoted 0 times
...
Luz
1 years ago
I think it involves derivatives, maybe second derivatives.
upvoted 0 times
...
Bo
1 years ago
What is a Hessian? Interesting question.
upvoted 0 times
...
Mitzie
1 years ago
D) The point at which a minimum of a multidimensional function is achieved
upvoted 0 times
...
Rodolfo
1 years ago
C) A matrix of second derivatives of a function
upvoted 0 times
...
Charlene
1 years ago
B) The vector of partial derivatives of a contingent claim
upvoted 0 times
...
Delmy
1 years ago
A) Correlation matrix of market indices
upvoted 0 times
...
Cheryl
1 years ago
What is a Hessian?
upvoted 0 times
...

Save Cancel