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Module 3-官网习题-Practice Problems-Question 13-为什么股票收益率呈现的形态是高峰肥尾?https://www.gfedu.cn/home/questiondetail.html?ifTask=1&QuesId=733345&from=1
the credit premium should increase less than would otherwise be implied by the steeper yield curve and wider credit spreads.这句话是不是这样理解,由于loan default 造成的credit premium 上涨幅度,会小于由于steeper yield curve 和wider credit spreads 造成的credit spread 上涨幅度?但这三个因素都会造成credit premium上涨,而不是此消彼长对吗?为什么要写这句话,去对比这三者的上涨幅度?
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?
- Effective duration和Effective convexiy的公式为什么不用modified duration和convexity的原本公式,而是和他们的近似的久期和突性的公式一致?
- Risk Budget and risk parity 第二道思考题,里面的Variance是不是完全是个冗余信息,给来误导的呀?
- liability relatibe asset allocation这三种方式的区别是什么呀 怎么区分
- 为什么半年付息 算ytm是乘以2 而年化的麦考利久期是除以2
- 为什么长期垄断竞争中 D和ATC相切
- Growth due to capital deepening 是αΔK/K还是ΔK/K
- m上升 EAR为什么上升 以及为什么又不变













