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kathy sham2020-09-23 23:58:11

When market is in recession, why is the spread in mezzanine will decrease and correlation will decrease also? And why is the spread in equity will increase? If the spread increase and the price of equity will also reduce, and when we short the equity we should have gain instead of loss right during the recession time? Could you explain all these in Chinese?

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Crystal2020-09-24 11:37:01

同学你好,现在不建议再看notes,这个部分你听课的效率会更高。
notes 严格意义上说算是其他机构出的书籍,我们并不保证notes内容的正确性与知识点是否涵盖考纲,超过考纲的。
所以这个部分我建议听课。

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