II选项到底想说啥

NO.PZ2020033003000020 问题如下 Whiof the following is feature of the KMV mol ? I. The risk factors are common across all obligors, but sensitivity to the risk factors ffers across obligors. II.In the KMV mol, it combines the values of two bts results the fault thresholin the mol. I only. II only. Both I anII. Neither I nor II. B is correct.考点The KMV ApproaanEstimation Approaches解析I描述的是CretRisk+的特征。 如题

NO.PZ2020033003000020 问题如下 Whiof the following is feature of the KMV mol ? I. The risk factors are common across all obligors, but sensitivity to the risk factors ffers across obligors. II.In the KMV mol, we cobserve a firm’s asset value anvolatility rectly from the market, figures coulobtaineusing current equity value. I only. II only. Both I anII. Neither I nor II. B is correct.考点The KMV ApproaanEstimation Approaches解析I描述的是CretRisk+的特征。 在KMV中firm’s asset value 不是市场上直接观察的，是蒙特卡洛模拟出来的，那为什么II还对呢？

NO.PZ2020033003000020 问题如下 Whiof the following is feature of the KMV mol ? I. The risk factors are common across all obligors, but sensitivity to the risk factors ffers across obligors. II.In the KMV mol, we cobserve a firm’s asset value anvolatility rectly from the market, figures coulobtaineusing current equity value. I only. II only. Both I anII. Neither I nor II. B is correct.考点The KMV ApproaanEstimation Approaches解析I描述的是CretRisk+的特征。 请问CretRisk+这个知识点在讲义哪里呢

NO.PZ2020033003000020 In the KMV mol, we cobserve a firm’s asset value anvolatility rectly from the market, figures coulobtaineusing current equity value. 这个II 我觉得 有几个地方不太对呀？ 我听过经典题&基础班了。。。但。。。 1. 不是说KMV不是观察到的asset value而是Monte Carlo模拟出来的吗？ 2. 莫顿的确用了equity的BSM（current equity value），KMV是哪里用了Equity value呀？不就。。。先求个 然后安排上P然后再安排rating吗？ 蟹蟹蟹蟹！