13 Should not bond be upward increase as at first we have coupon and then at last we have coupon and principle

Is physical PD equal to real PD? What’s are the difference . When will measure real Pd so we will use risk free rate?

这么列式哪里错了？

Why is duration mapping is undiversified Var? Is t it consider coupon too?

老师这道题没明白

為什麼這裡econ capital no need reduce expected loss

模拟考试卷1的33题，在计算inflow 时，为什么6%要除以4，不是3个月，应该除以3吗？

為什麼Var is times pt-1 but not pt??

请老师详细解答，谢谢！

老师，为什么看到contract type就说是repo，repo 和reverse repo是同一个交易中的买方和卖方吗？repo是将资产抵押融的资金，而后以约定的利率回购，reverserepo这是提供融资，收取利息的一方？