貓同學(xué)
2022-06-10 21:41第二題的liability return沒學(xué)過嗎?他講的是什么意思呢
所屬:CFA Level III > Asset Allocation and Related Decisions in Portfolio Management 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個(gè)回答
Johnny助教
2022-06-13 09:23
該回答已被題主采納
同學(xué)你好,Q2的答案就是liability return的定義。Liability return是liability value的變動(dòng),它用于衡量負(fù)債的時(shí)間價(jià)值變化、折現(xiàn)率的改變以及負(fù)債所涉及的未來現(xiàn)金流的變動(dòng)。以下是原版書的原文:the changein liability value (liability return) measures the time value of money for the liabilities
plus any expected changes in the discount rate and future cash flows over the planning horizon.
