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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;
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increases in public spending are forms of contractionary fiscal policy 老师我认为这个表述有问题呢, 增加公众消费应该是紧缩的财政政策吧?
查看试题 已回答组合,reading41原版书课后题,第37题,截图是题干。这道题关于马科维茨有效前沿的解释中,为什么会有“主导全球最小方差组合下方的组合”这一项?关于EF的定义和解释中,好像没有提到这一条。并且,当我们讨论有效前沿的时候,都是讨论上半条,也就是在全球最小方差组合上方的那些组合。
you expect her to earn two-thirds of her tuition payment in scholarship mont,so youestimate that your payments will be 10000 a year for four years. to estimate whether you have set aside enough money,you ignore possible inflation in tuition payments and assume that you can earn 8 percent annually on your investments,how much should you set aside now to cover these payments
已回答you are considering investing in two different instruments.the first instrument will pay nothing for three years,but then it will pay $20000 per year for four years.the second instrument will pay $20000 for three years and #30000 in the fourthyear. all payments are made at year-end .if your required rate of return on these investments in 8 percent annually,what should you be willing to pay for?我的问题是为什么计算时不是折现到零时间点?
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?









