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2016FRM一级练习题:金融市场与产品(23)

  FRM一级考试题量大,时间紧张,平均算来2分钟就需要完成一题。而很多时候,题干非常长,若不能及时抓住关键词,就难以完成考试。大家在平时的练习中,一定要锻炼自己的答题感觉,提高读题、做题速度。接下来小编整理了一些frm一级习题,供大家练习。
 
  As it relates to the bond indenture,the corporate trustee acts in a fiduciary capacity for:
 
  I.bond investors
 
  II.bond issuers
 
  III.bond underwriters
 
  IV.regulators
 
  A.I only
 
  B.II only
 
  C.I and IV
 
  D.II and III
 
  Answer:A
 
  The promises of corporate bond issuers and the rights of investors who buy them are set forth in great detail in contracts generally called indentures.The indenture is made out to the corporate trustee as a representative of the interests of bondholders;that is,the trustee acts in a fiduciary capacity for investors who own the bond issue.

  推荐阅读:FRM考试报名费用打印流程



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