Mock

Question 1

What is Freddie doing?

Answer 1

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Question 2

What is Securitization?

Answer 2

中文課本 P241-244

Question 3

What’s our products?

Answer 3

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Question 4

How did you optimize the model?

Answer 4

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Question 5

Why this position?

Answer 5

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Question 6

How did you take the columns you need & merge into a table?

Answer 6

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Question 7

Duration
What’ the curve looks like?

Answer 7

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Question 8

Convexity
What the curve looks like?

Answer 8

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Question 9

Negative convexity

Answer 9

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Question 10

High loan
Low loan
Which one will you choose
If you have a bank.

Answer 10

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Question 11

3.5 loan
4 loan
Which one has higher duration?

Answer 11

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Question 12

Will you use fixed or floating rate to buy a house for now?

Answer 12

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Question 13

Mortgage duration?

Answer 13

Hint:

Mortgage duration
= Bond duration

Question 14

How to hedge for interest rate and FX?

Answer 14

If you want to receive fixed rate, you should have floating rate.

Question 15

What’s the terms of a SWAP trading?

Answer 15

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Question 16

What’s terms of a bond’s trading?

Answer 16

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Question 17

Housing market now?

Answer 17

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Question 18

What is negative convexity?

Answer 18

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Question 19

What is positive convexity?

Answer 19

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Question 20

What is the benchmark for the floating rate?

Answer 20

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Question 21

What’s pass-through rate?

Answer 21

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Question 22

30y
6% interest rate
5% coupon,

What’s the duration?
How to calculate it?

Answer 22

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Question 23

How do you see the market?

Answer 23

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Question 24

Yield to Maturity?

Answer 24

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Question 25

Yield Curve?

Answer 25

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Question 26

Portfolio duration? How to calculate?

Answer 26

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Question 27

Macaulay Duration?

Answer 27

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Question 28

Modified Duration?

Answer 28

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Question 29

What is CMBS & RMBS?

Answer 29

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Question 30

The biggest news in these two days?

Answer 30

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Question 31

Spread Duration?

Answer 31

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Question 32

Money Duration?

Answer 32

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Question 33

DV01?

Answer 33

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Question 34

SDV01?

Answer 34

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Question 35

PVBP?

Answer 35

中文課本 P154

Question 36

What is spread? What kind of spreads?

Answer 36

Non treasury bond (rf) 才有spread. 看中文課本(債) p117

Question 37

Risks? How to hedge them?

Answer 37

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Question 38

IO/PO project?

Question 39

Which website you read for bond?

Answer 39

PIMCO

Question 40

What is the website you read for asset and risk mgt?

Answer 40

Blackrock

Question 41

How to calculate Spot rate?

Question 42

What is premium bond? &. Discount bond?

Question 43

What is PSA model?

Answer 43

Prepay CF

Question 44

What the risk for Freddie?

Question 45

What are the risks for a corporate?

Question 46

What mean Waster-fall structure?

Question 47

If the eco is not good, Will you buy short-term or Long-term bond?

Answer 47

中文課本 p119

Question 48

What kinds bond in bond market?

Question 49

What mean High interest rate?

Answer 49

= bond yield is low

Question 50

What Mazz (Fannie) said in his record?

Question 51

What’s Geno (Freddie) said in his record?

Question 52

What is the formula for Change of Price?

Question 53

What’s B-S model?

Question 54

What’s binary tree model?

Question 55

What is CDS?

Answer 55

看小灰本 Credit Default Swap(Hedge credit risk用)

Question 56

What’s the lowest rating credit for Moody’s and S&P?

Question 57

What different between SWAP and Forward and Option?

Question 58

How to hedge by Option?

Answer 58

WB_維尼的回答