张同学2018-10-31 11:46:02

Solution to 5: Hedging exposure to GBP and EUR results in a six-month gain of 49 bps and 85 bps, respectively, as shown in the beginning of problem 4. The currency exposure should be hedged unless these currencies are expected to appreciate against the USD by more than these amounts over the next six months. (Institute 188) Institute, CFA. 2019 CFA Program Curriculum Level III Volume 4. CFA Institute, 5/2018. VitalBook file. 老师您好！ reading24 example5中的最后一问，英德之间的hedge应该怎么理解？谢谢！