"the short position gets to make the decision on exactly when to receive delivery within the delivery period",为何空头方来决定交付的具体时间,而不是买方来决定呢?
另外,long-dated forward contracts on short-term deposits: imply lower rates than Eurodollar futures contracts for the same maturity, 这是什么意思和原理呢?
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老师辛苦~❤~
见图,问:图中
“The parameters of a generalized autoregressive conditional heteroskedastic
GARCH(1,1) model are w=0.00002”,这句话是什么意思啊?
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10题,老师请问债券价值是不是应该等于callable价值+call价值,老师是不是写错了
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Interest rate (bond yields) below 6%, which of following bonds will short position in US Treasury bond futures contracts be most likely to deliver as CTD? 答案是short-maturity with high coupon。然后解释是低于6%,选low duration bonds,高于6%,选high duration bonds,可以说下原理是什么吗?