X 5 Points Question 17 D Which of the following statements are CORRECT about Credit Metrics? 1. It takes into account changes in value caused not only by possible default events, but also by upgrades and downgrades in credit quality. IL. It can be used to measure credit risk of an entire portfolio it. It addressed the correlation of credit quality moves across borrowers. IV. It is an excellent model for assessment of credit risk from a personal loan I and II only B 1,11 and ill only 11, III and IV only 3 11. III and IV Lost saved 22:45 35 minutes remaining G Type here to search D anticipating future movements in FX rates. 5 Points Question 13 The following provides a measure of the distance of the current market value of assets in a company from a specified default point. A Expected Default Frequency B Distance to default Exposure at Default Probability of default Lost 22-5546 21 minutes remaining Type here to search