Homework Chapter 21 - Chapter 21 International Bond...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 21 – International Bond Portfolio Management 1) Which benchmark currency position would be an investor select if his goal was to seek extra returns from active management of currency exposure a. Un-hedged b. Fully Hedged c. Partially Hedged d. Cannot be determined without further information 2) Which of the following statements about the establishment of risk limits is TRUE? a. Domestic portfolios are concerned with currency exposure but not with duration and credit exposures b. International bond portfolios are concerned with currency exposures but not with duration and credit exposures c. Domestic portfolios are not concerned with currency exposures but are concerned with duration and credit exposure d. International bond portfolios are not concerned with currency exposures but are concerned with duration and credit exposures 3) In order for the portfolio manager’s assessment of economic factors to add value to the strategy development process, the assessments must: a. Agree with market expectations b. Be evaluated in isolation for clarity c. Be evaluated relative to market expectations d. Agree with most other international portfolio managers
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/04/2012 for the course ECON 313 taught by Professor India during the Spring '12 term at University of San Francisco.

Page1 / 4

Homework Chapter 21 - Chapter 21 International Bond...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online