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学习,是人类认识自然和社会、不断完善和发展自我的必由之路。( )

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Compared with commercial banks, investment banks have higher capital adequacy ratio since investment bank business involves in higher risk.

Balanced fund refers to the mutual fund that investment banks manage with mixed shares and bonds .

When current interest rate is high, investment banks will suggest the firm to issue shares instead of bonds.

Collateralized debt obligation (CDO) refers to an investment-grade security backed by a pool of bonds, loans and other assets with multiple “slices”. Each slice has a different maturity and risk associated with it. The higher the risk, the more the CDO pays.