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PRMIA PRM Certification - Exam II: Mathematical Foundations of Risk Measurement 8002 Question # 33 Topic 4 Discussion

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PRMIA PRM Certification - Exam II: Mathematical Foundations of Risk Measurement 8002 Question # 33 Topic 4 Discussion

8002 Exam Topic 4 Question 33 Discussion:
Question #: 33
Topic #: 4

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?
A.

5/7

B.

8/11

C.

6/11

D.

None of these

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Actual exam question for PRMIA 8002 exam by Zephyr82418 at Aug 2, 2025, 12:00:00 AM

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