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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;
专场人数:2462提问数量:55672
老师,图中这道题,根据答案给出的Vswap计算过程,得出数值也不是-JPY2,980,500啊?是-2,981,119,我自己做题时得出的也是-2,981,119这个数值,请问这是怎么回事儿?谢谢
官网case Newport Case Scenario的Q3题,Q3 Franco’s description of the Black model’s approach to valuation of Eurodollar futures options used for hedging is:A.correct.B.incorrect, because he is describing a call option.C .incorrect, because he is describing a put option. 官网正确答案是B;有关原文为Franco replies: “The Black model can be used to value options on the Eurodollar future. In this model, futures options have two components: a futures component and a bond component. When hedging against rising interest rates, according to the Black model, the Eurodollar futures option used can be viewed as the futures component minus the bond component.”之前老师解读说是欧洲美元的报价是100-forward rate, 这样的话这道题选B没问题。但课后题Tim Doyle的第一题欧洲美元的报价形式又是直接报价。觉得两道题的知识点内容不一致,到底怎么理解欧洲美元期货?谢谢!考试遇上怎么办?
已解决精品问答
- 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?
- Growth due to capital deepening 是αΔK/K还是ΔK/K
- 这题为什么是选C?
- 请老师讲解一下这个题目
- 老师,第二题可以在解释一下原理吗?
- 老师,第三题答案的意思是:1.因为宽松的货币政策,导致加元利率下跌,导致加元贬值?2.但是,如果利率下跌,也就是分母上的百分比下降,不是会导致价格上升吗?。3.从而短期看是depreciation,但是长期来看,会回归到均值,所以是appreciation?
- 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?
- 很迷惑到底是long call+ short stock还是long stock+short call构建无风险资产










