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PRMIA 8007 Exam With Confidence Using Practice Dumps

Exam Code:
8007
Exam Name:
Exam II: Mathematical Foundations of Risk Measurement - 2015 Edition
Certification:
PRM Certification
Vendor:
PRMIA
Questions:
132
Last Updated:
Mar 7, 2025
Exam Status:
Stable
PRMIA 8007

8007: PRM Certification Exam 2025 Study Guide Pdf and Test Engine

Are you worried about passing the PRMIA 8007 (Exam II: Mathematical Foundations of Risk Measurement - 2015 Edition) exam? Download the most recent PRMIA 8007 braindumps with answers that are 100% real. After downloading the PRMIA 8007 exam dumps training , you can receive 99 days of free updates, making this website one of the best options to save additional money. In order to help you prepare for the PRMIA 8007 exam questions and verified answers by IT certified experts, CertsTopics has put together a complete collection of dumps questions and answers. To help you prepare and pass the PRMIA 8007 exam on your first attempt, we have compiled actual exam questions and their answers. 

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Exam II: Mathematical Foundations of Risk Measurement - 2015 Edition Questions and Answers

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Question 1

In a portfolio there are 7 bonds: 2 AAA Corporate bonds, 2 AAA Agency bonds, 1 AA Corporate and 2 AA Agency bonds. By an unexplained characteristic the probability of any specific AAA bond outperforming the others is twice the probability of any specific AA bond outperforming the others. What is the probability that an AA bond or a Corporate bond outperforms all of the others?

Options:

A.

5/7

B.

8/11

C.

6/11

D.

None of these

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Question 2

When a number is written with a fraction as an exponent, such as , which of the following is the correct computation?

Options:

A.

Take the square-root of 75 and raise it to the 5th power

B.

Divide 75 by 2, then raise it to the 5th power

C.

Multiply 75 by 2.5

D.

Square 75, then take the fifth root of it

Question 3

Let N(.) denote the cumulative distribution function of the standard normal probability distribution, and N' its derivative. Which of the following is false?

Options:

A.

N(0) = 0.5

B.

N'(0) ≥ 0

C.

N(x) → 0 as x → ∞

D.

N'(x) → 0 as x → ∞

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