题目内容（请给出正确答案）

[单选题]

A portfolio manager has been asked to take the risk related to the default of two securities A and B. She has to make a large payment if, and only if, both A and B default. For taking this risk, she will be compensated by receiving a fee. What can be said about this fee?()

A.The fee will be larger if the default of A and of B are highly correlated.

B.The fee will be smaller if the default of A and of B are highly correlated.

C.The fee is independent of the correlation between the default of A and of B.

D.None of the above is correct.

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第3题

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第4题

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The risk-free rate is 5% and the expected market risk premium is 10%. A portfolio manager is projecting a return of 20% on a portfolio with a beta of 1.5. After adjusting for its systematic risk, this

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第6题

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第7题

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第8题

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第11题

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