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CFA问答
CFA问答包含CFA在线课程、CFA通关课程、CFA试题等所有CFA相关问题,每个问题老师均会在24小时内给出答疑回复哦!
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当市场利率下降,债券价格上升时,发行人为什么就有动机call back债券呢?老师说的是因为发行人可以以更低的市场价格从新融资,但是由于债券价格上升,发行人call back的成本不是就更高了吗?
已回答老师,请问书本279页第二十一题答案,Assuming DiCenzo does not reinvest the tax savings, tax loss harvesting does not reduce the total tax paid over time. It only defers taxes because recognizing the loss resets the cost basis to a lower figure which will ultimately increase the gain realized late by the same amount. Tax loss harvest can augment return by postponing tax liabilities. Reinvesting the current year’s tax savings increases the after- tax principal investment, which can augment the value of tax loss harvesting further这一段怎么理解?不太明白?
已回答老师,请问书本279页第十九题答案, If a portfolio contains unre-alized losses, however, a certain amount of trading activity is required to har-vest tax losses. That is, tax- efficient management of stocks in taxable accounts does not require passive management. It requires passively allowing gains to grow unharvested, but actively realizing losses这一段不太理解是什么意思?
已回答精品问答
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- 1.这里右侧支付端这段,party A角度他有market value risk时谁有?上下部分矛盾了啊.2.左侧的图和配文是什么意思?原本是什么?又变成什么?3.注意里面:fixed端有
