15页的题还是请老师写一下计算过程吧，我算的答案不太一样，谢谢

tracking error就是tracking error volatility嘛?TE不是等于Rp-Rb嘛，TEV才是σ(Rp-Rb)吧？

Fed fund market can only borrow short term loan? Cannot borrow for long term?

If the equity is option what is the volatility smile look like ? Still smirk ? Or the same as currency option?

请问一下，像这种算correlation可以通过计算器的DATA功能，输入X1,Y1,......解决吗？

有个问题，边际违约概率是不是就是联合违约概率，然后例如第二年的边际违约概率=(1-d1)d2

模拟二75题，我D是对的啊，讲义里面也是这样说的

Do I need initial margin and VM for exchange ? Or only for OTC?

Do I need initial margin and VM for exchange ? Or only for OTC?

Is CCP for exchange or for OTC market only?