金程問(wèn)答
“One bias results from the use of appraisal data in the absence of market transaction data. Appraisal values tend to be less volatile than market determined values for identical assets. As a result, measured volatilities are biased downward and correlations with other assets tend to be exaggerated.”怎么理解
收益率的變動(dòng)在乘以久期才是價(jià)格變動(dòng)啊，這c選項(xiàng)兩者的久期都不一樣，變動(dòng)50bp，價(jià)格怎么可能變動(dòng)50bp呢
Participant switching option是自動(dòng)轉(zhuǎn)換的嗎 我怎么記了這樣的筆記 以哪個(gè)為準(zhǔn)呢
請(qǐng)老師解答一下，case D 中2道題的解題思路
B選項(xiàng)為什么不對(duì)？所謂的long term goal是什么？
The publicly traded US REIT offers tax advantages to ?lfheah from the depreciation of its US real estate assets. 這個(gè)depreciation是基于什么的假設(shè)？根據(jù)是什么，為什么覺(jué)得會(huì)depreciate?
第一題的b， 題目說(shuō)是passive 不應(yīng)該是有效市場(chǎng)嗎
為什么在 early expansion phase of the business cycle, monetary policy is becoming less stimulative？
When two currencies are pegged or linked, the bond yields of the country with the weaker currency are likely to rise higher unless the market is confident that the government will maintain the peg. 怎么理解這句話
fiscal policy 如何影響 yield curve的shape?
老師如何判斷這個(gè)discount rate is aggressive的呢
答案中（10%+21%）*1.5b+4%*1.5b，10%哪里來(lái)的，是什么
還是沒(méi)太理解這里conflict的含義，請(qǐng)老師再解釋一下，謝謝~
老師 為什么這個(gè)沒(méi)有百題呀
老師、百題固收12題第二問(wèn)，沒(méi)看懂…
程寶問(wèn)答
