为什么不选B呢

问题如下：

Which of the following statement most accurately distance-to-default in KMV model?

选项：

A.

$\frac{\text{Expected assets-Weighted debt}}{\text{Volatility of assets}}$

B.

$\frac{\text{Equity}}{\text{Volatility of assets}}$

C.

Probability of stock price falling below a threshold

D.

Stock price volatility

解释：

A is correct.

考点：Distance-to-default

解析：

The distance-to-default measure is a standardized variable that measures how much the value of firm assets exceeds the liabilities.