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FRM一级
包含FRM一级传统在线课程、通关课程及试题相关提问答疑;
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老师 《公司理财》上说 “对于抵押贷款支持证券,利率下降,债券价值也可能下降,因为房屋所有人在利率下降时可能以更低的利率融资来偿付房屋贷款。” 这道题里mbs的价格也因为本金被提前偿付一部分而下降了。可是为什么这道题和解析都说 由于mbs可能会提前偿付,它的价格随着利率变小呈现负凸性呢?那不是mbs价格依然随着利率增加只不过是增加地缓慢了一点了吗?
Sortino ratio calculation: MAR is pre-setted, not the kind of mean of sampl, MAR WILL NOT alter the degree of freedom, why the denominator has the way to get the deviation as the samplling deviation computation? The function should be wrong, IF no return is below the MAR, whta is meaning of the function? sum o to o, makes no sense to the function. so, T sould be sums from 1, not zero, to a certain count. thanks!
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