问题如下:
Which of the following events would likely lead to an increase in WWR?
I. The borrower and the guarantor are business partners.
II. A monoline insurer sold protection concentrated in a business or industry.
选项:
A.
I only.
B.
II only.
C.
Both I and II.
D.
Neither I nor II.
解释:
C WWR will increase if the borrower and guarantor are business partners. The guarantees offered by a monoline insurer may turn out to be worthless if the risk exposure increases and the guarantor is hit by a flood of claims due to a concentrated position in an industry or business.
II项能不能理解成CDS的意思?