#TestTuesday

Advanced Credit Risk

Debt-service payments are the sum of the following:

A) Dividend payments + Equity buybacks.

B) Preferred dividend payments + common-equity dividend payments.

C) Principal payments on debt + Interest payments on the same debt.

D) Interest payments on convertible debt + Preferred dividend payments.

Reveal the Answer

The answer is C) Principal payments on debt + Interest payments on the same debt.

Advanced Credit Risk Professional Certificate

A comprehensive survey of credit risk modeling, valuation and credit risk management techniques. Develop models for assessing the value and risk of portfolio credit default swaps, tranche credit index products and various types of collateralized debt obligations.

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