Prior to the Credit Crisis That Started in 2007 Which

question 14

Multiple Choice

Prior to the credit crisis that started in 2007 which of the following was the proxy used by derivatives traders for the risk-free rate

• A) The Treasury rate
• B) The LIBOR rate
• C) The repo rate
• D) The overnight indexed swap rate

---

Definitions:

Hedonism

The ethical theory that pleasure (in the sense of the satisfaction of desires) is the highest good and proper aim of human life.

Universalism

The ideological belief in universal applicability or effectiveness of concepts across different cultures or situations.

Socioeconomic Status

A measure of an individual's or family's economic and social position relative to others, based on income, education, and occupation.

PTSD

Posttraumatic Stress Disorder, a mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.