What is generally true of the relationship between a bond's yield and it's time to maturity when the yield curve
is upward sloping?

In its VaR calculations, JPMorgan Chase uses an expected tail-loss methodology which approximates losses at
the 99% confidence level. This methodology consists of two subsequent steps to estimate the VaR. Which of
the following explains this two-step methodology?

Which one of the following four statements regarding floating rate bonds is incorrect?

Which one of the following four statements on the seniority of corporate bonds is incorrect?

Which one of the following four statements describes the advantage of using delta-gamma method of mapping
options positions over delta-normal method?
Delta-gamma method