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CFA二级
包含CFA二级传统在线课程、通关课程及试题相关提问答疑;
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Reading33原版书课后题第六题,这里的forward rate会spread out?volatility增加二叉树会spread out,怎么说forward rate也会spread out?怎么理解?
已回答老师好,请问reading 33 原版书课后题第5题: 这里说经校准的二叉树可以对含权债券估值怎么理解?我理解的校准是假设市场市场定价是正确的无套利空间的,从而对利率二叉树进行微调。请问这样校准后怎么用于含权债券估值呢?另外请解释一下这里答案想表达什么。谢谢老师!
已回答精品问答
- Q3:解析里面Team Purple’s conclusion (the externalities associated with human capital is the most important determinant in predicting the occurence of convergence) implies that the production function is a straight line, and is compatible with non-convergence.这段话中 externalities associated with human capital具体是什么?怎么得到the production function is a straight line这个结论呢?
- 这题为什么是选C?
- 老师,第二题可以在解释一下原理吗?
- CDS的long和short是不是反过来的?就是long CDS代表看涨目标公司credit,所以是卖出一份CDS合约?
- 为啥accrued interest over contract life是0?
- 老師您好,Q1關於future price不太理解
- Growth due to capital deepening 是αΔK/K还是ΔK/K
- 请老师讲解一下这个题目







