
-
CFA一级
包含CFA一级传统在线课程、通关课程及试题相关提问答疑;
专场人数:6086提问数量:109968
01.单选题 已收藏 标记 纠错 Which of the following yield curves least likely involves observed yields in the market? A Forward yield curve. B Par bond yield curve. C Coupon bond yield curve. 查看解析 下一题 正确答案B 您的答案C本题平均正确率:39% Yield curve难度:一般 推荐: 答案解析 Par bond yield curves are based on the theoretical yields that would cause bonds at each maturity to be priced at par. Coupon bond yields and forward interest rates can be observed directly from market transactions. 问:这题我从新问一遍,视频我看懂了 后来。但是问题又来了 par curve的每一点的其实都是coupon rate吧,因为par的YTM=CR,所以难道CR不是现成的吗,所以不是可以基于观察所得吗?
查看试题 已回答01.单选题 收藏 标记 纠错 Which of the following yield curves least likely involves observed yields in the market? A Forward yield curve. B Par bond yield curve. C Coupon bond yield curve. 查看解析 下一题 正确答案B 您的答案C本题平均正确率:39% Yield curve难度:一般 推荐: 答案解析 Par bond yield curves are based on the theoretical yields that would cause bonds at each maturity to be priced at par. Coupon bond yields and forward interest rates can be observed directly from market transactions. 问:B选项为啥不能直接得到,小视频没有听明白,能否换一种方式说清楚为啥不对?
查看试题 已回答02.单选题 收藏 标记 纠错 If interest rates and risk factors remain constant over the remainder of a coupon bond's life, and the bond is trading at a discount today, it will have a: A negative current yield and a capital gain. B positive current yield and a capital gain. C positive current yield, only. 查看解析 上一题 下一题 正确答案B 您的答案A本题平均正确率:68% Yield measures 难度:一般 推荐: 答案解析 A coupon bond will have a positive current yield. If it is trading at a discount, it will have a capital gain because its value at maturity will be greater than its price today. 问:所谓的资本利得 是站那哪个时间点上来看?这道题:如果站在maturity是有一个gain,如果站在交易时间点上,是和期初价格比吧,那怎么知道有还是没有?
查看试题 已回答01.单选题 收藏 标记 纠错 Which of the following describes the yield to worst? The: A lowest of all possible yields to call and yields to maturity. B yield given default on the bond. C lowest of all possible prices on the bond. 查看解析 下一题 正确答案A 您的答案A本题平均正确率:73% Yield measures 难度:一般 推荐: 答案解析 Yield to worst involves the calculation of yield to call and yield to put for every possible call or put date, and determining which of these results in the lowest expected return. 问:没明白这题在说什么?可否解释一下题意 和 考点?
查看试题 已回答精品问答
- Effective duration和Effective convexiy的公式为什么不用modified duration和convexity的原本公式,而是和他们的近似的久期和突性的公式一致?
- 为什么半年付息 算ytm是乘以2 而年化的麦考利久期是除以2
- 为什么长期垄断竞争中 D和ATC相切
- m上升 EAR为什么上升 以及为什么又不变
- 为什么TC 的切点对应是AVC的最低点?
- 前面在讲Aggregate demand curve的时候说,价格上涨使消费下降,而这里又说价格下降消费变少,为什么存在矛盾?
- 为什么可以把TR TC同时体现在纵轴?
- 对于老师讲的这部分,1. 我理解FRA的Payoff始终等于利率期货的Payoff部分进行折现(除以1个大于1的数),也就是说,FRA的Payoff的变动幅度 应该 始终小于利率期货的变动幅度。2. 至于是涨多跌少,还是涨少跌多,其实MRR在分母上,可以根据1/x的曲线特点来理解,无非就是MRR上升时1/(1+MRR)的变动幅度 小于 MRR下降时1/(1+MRR)的变动幅度,所以如果MRR上升时,Payoff是上升的,那么就是涨少跌多,如果MRR上升时,Payoff是下降的,那就是涨多跌少。以上2点,我理解的对吗?





