NO.PZ2020033002000042
问题如下：
An exposure profile can be substantially altered due to the more specific nature of the cashflows in a transaction. Which of following situation would cause a credit loss on market-driven instruments such as interest rate swaps?
选项：
A.Market rates move in your favor.
B.Market rates move against you.
C.Market rates move against you and the counterparty defaults.
D.Market rates move in your favor and the counterparty defaults.
解释：
D is correct.
考点：Exposure profile for interest rate swap
解析：
市场利率朝有利于我的方向变化，说明我在赚钱；同时对方违约的话，那我赚的这部分钱就拿不到了，这对我就成了credit loss
老师你好，我想问一下interest rate swap不是利率互换吗？如果move againt 我的情况下，利率互换出去，那不就是我是赚钱方，对方是亏钱方，这样对方才会default?我不太理解这道题该怎么去想
