金程問(wèn)答
不理解asset swap spread的使用場(chǎng)景以及它的原理
Fixed income最后一個(gè)case沒(méi)有講解嗎
請(qǐng)問(wèn)非平行移動(dòng)除了key-rate duration可以解決，還有什么其他辦法解決嗎？謝謝
security lending rate是lender利息還是broker中介費(fèi)成本？
這里rolling down the yield curve怎么理解呢，和rolling down the yield curve有啥關(guān)系呢
spread duration在什么情況下不等于duration？從定價(jià)公式上看兩個(gè)任何時(shí)候都應(yīng)該相等，不等要怎么理解？
buy and hold因?yàn)槌钟械狡?，就是賺了一個(gè)當(dāng)初的ytm吧？那和收益率曲線是向上沒(méi)什么關(guān)系吧？這個(gè)為什么也是一個(gè)主動(dòng)策略？
decomposing of Expected returns
1、 Abiquia Mutual Case Scenario 解析說(shuō)是因?yàn)関alue-weighted indexes 會(huì)有很高的杠桿，這個(gè)怎么理解？
An active portfolio manager seeking to purchase single-name CDS protection
77題講下parametric method，historical simulation，Monte Carlo method
40題為什么yield curve rolldown的return會(huì)下降
Z DM 與DM 區(qū)別
R13中的Example 8，怎么理解“a long position in a callable bond (“A”) would underperform compared to a long position in an option- free bond. A short position in a putable bond (“B”) would underperform a long position in an option”?
PPT第104頁(yè)，model risk，怎么理解“measurement error for asset BPV is minimized when underlying yield curve is flat or future CF are concentrated in the flattest segment of the curve”？
程寶問(wèn)答
