Equity第4章的冲刺笔记实例1：为什么以benchmark不用考虑size，value和momentum factors

最后一句话reduced realized equity volatility是什么意思，划线的不讲明白有点奇怪啊

波动率和Gamma最大值成反比，波动率增加将使行权价格附近的Gamma减小，远离行权价格的Gamma增加，波动率低所以gamma低是怎么来的？

为什么第二问的profit计算不考虑可转债的Coupon流入（非additional info），第三问却考虑了？

underweight 法国的敞口，等于买保护 等于short CDS吧 为什么老师视频说是买Cds，我按自己的思路解题最后答案居然对了 帮看下步骤对吗谢谢

老师您好，是不是currency swap和currency basis swap 不要求计算？

Some of the key considerations for insurance companies are risk-based capital measures, yield, liquidity, the potential for forced liquidation of assets to fund negative claims development, and credit ratings. 这句话请问能不能解释一下

When asset allocation considers such extended portfolio assets as human capital, the optimal allocation of financial capital can change through time. - human capital怎么理解

When asset allocation considers such extended portfolio assets as human capital, the optimal allocation of financial capital can change through time.

老师，这里没听懂，为什么债券配置下调时候D=0，如果看好了后期权益资产，那不就是应该减少固收资产敞口吗？