7.) TRUE or FALSE: Operational risk is more difficult to manage than market risk and credit risk.

8.) TRUE or FALSE: Credit derivatives are derivatives that are insured against credit losses.

9.) TRUE or FALSE: Companies can benefit from risk management if their incomes fluctuate across different tax brackets.

10.) TRUE or FALSE: A total return swap allows substitution of the total return on a bond for the total return on a loan of comparable maturity.

11.) TRUE or FALSE: Credit risk is the uncertainty of a firms value or cash flow that is associated with movements in an underlying source of risk.