【每日一练】CFA 一级（2015年）

Question：

Which of the following is most likely considered an example of matrix pricing when determining the cost of debt? 
A. Debt-rating approach only. 
B. Yield-to-maturity approach only. 
C. Both the yield-to-maturity and the debt-rating approaches. 
 

Answer = A 
The debt-rating approach is an example of matrix pricing.
 

CFA Level I
“Cost of Capital,” Yves Courtois, Gene C. Lai, and Pamela Peterson Drake
Section 3.1.1, 3.1.2

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