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NEW QUESTION: 1
Under the CreditPortfolio View approach to credit risk modeling, which of the following best describes the conditional transition matrix:
A. The conditional transition matrix is the unconditional transition matrix adjusted for the state of the economy and other macro economic factors being modeled
B. The conditional transition matrix is the transition matrix adjusted for the risk horizon being different from that of the transition matrix
C. The conditional transition matrix is the transition matrix adjusted for the distribution of the firms' asset returns
D. The conditional transition matrix is the unconditional transition matrix adjusted for probabilities of defaults
Answer: A
Explanation:
Explanation
Under the CreditPortfolio View approach, the credit rating transition matrix is adjusted for the state of the economy in a way as to increase the probability of defaults when the economy is not doing well, and vice versa. Therefore Choice 'a' is the correct answer. The other choices represent nonsensical options.

NEW QUESTION: 2
Click the area where you find WWN's and MAC addresses that are pre-configured or user-defined from the settings menu.

Answer:
Explanation:

NEW QUESTION: 3
What is a "user"?
A. Any person that influences the integrated diagram procedures
B. Any person that specifies functional user requirements
C. Both A and C
D. Any person or thing that communicates or interacts with the software at any time
Answer: C