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You own shares of a company that are currently trading at $30 a share. Your technical analysis of the shares indicates a support level of $27.50. That is, if the price of the shares is going down, it is more likely to stay above this level rather than fall below it. If the price does fall below this level, however, you believe that the price may continue to decline. You have no immediate intent to sell the shares but are concerned about the possibility of a huge loss if the share price declines below the support level. Which of the following types of orders could you place to most appropriately address your concern? Short sell order. Good-till-cancelled stop sell order. Good-till-cancelled stop buy order. 原版书后题选B,为什么要加一个定语GOOD TILL CANCELLED 而不是简单的 stop sell?
已回答If a bond has a convexity of 120 and a modified duration of 10, what is the convexity adjustment associated with a 25 basis point interest rate decline? A +0.075%. B -2.875%. C -2.125%. 不应该是0.5*(0.0025)^2 *120=0.0375%?
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