Why when the confidence level reduce , the trade amount volume will reduce?

Emergency bank 的作用是接管default party 的交易，也會幫忙吸收loss 嗎？ help. Default party 還錢給交易對手

why the answer is not B? we learnt sharpe is the portolio retun - risk free rate from book. risk free rate is the general market indice

standard deviation为啥不满足单调性………单调性是什么意思呢

这道题中提到的监管，在disintermediated bank情景中又是怎么样的？

why the answer is not B ? sharpe should be portfolio return - risk free rate (market indices)

什么叫满足次可加性，es为啥满足

什么叫满足次可加性，es为啥满足

why the answer is not 2.31% (difference between portfolio return and benchmark return) / 2.1% ??? we learnt alpha is the difference of return from book. why 0.018 / 2.1%?

老师，信用百题109，high default rate是PD高的意思吧？当PD高，Mez接近于Equity，价格高。是不是应该这样理解？