PRMIA Exam 8002 Topic 1 Question 22 Discussion

Actual exam question for PRMIA's 8002 exam

Question #: 22
Topic #: 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?

A5/7

B8/11

C6/11

DNone of these

Show Suggested Answer

Suggested Answer: D

by Paris at May 06, 2022, 03:12 AM

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