题目
25741 Capital Markets - Autumn 2025 Quiz 1 - GRADED
单项选择题
Financial intermediaries can engage in credit risk transformation because they:
选项
A.can pool savers' short-term deposits and make long-term loans.
B.can quickly convert financial assets into cash, close to the current market price.
C.develop expertise in lending and diversifying loans.
D.obtain cost advantages owing to their size and business volumes transacted.
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标准答案
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思路分析
The question asks why financial intermediaries can engage in credit risk transformation.
Option 1: 'can pool savers' short-term deposits and make long-term loans.' This describes maturity transformation and liquidity transformation rather than credit risk transformation per se. It explains how duration and liquidity risk are managed, but it does not ......Login to view full explanation登录即可查看完整答案
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