123456
2024-11-10 19:29選項第2句,如何理解,謝謝老師
所屬:FRM Part II > Risk Management and Investment Management 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個回答
Michael助教
2024-11-11 12:41
該回答已被題主采納
同學(xué)你好,II. Leverage obtained through lines of credit increases the risk of a hedge fund more than leverage obtained by issuing debt, because unexpected cancellation of a line of credit by a lender during troubled times can force a fund to liquidate its positions in illiquid markets.
因為信用額度是可能隨時被取消的,那么一旦取消就說明你有融資流動性風(fēng)險了,但是發(fā)債的話只有到期才需要償還,流動性風(fēng)險小很多。
