tototie
2018-12-08 20:38Wallace, an emerging market bond trader, is holding a 5-year USD Malaysian corporate bond in his book. He is concerned about the risk of his position. Which of the following statements concerning the risk of his position is incorrect? A The corporate bond could be upgraded so that it would have a higher rating than Malaysian sovereign debt, but it is highly unlikely. B Buying protection with a CDS would hedge the corporate bond position against some risks but it would do a poor job of hedging the position if there is a drop in liquidity for emerging market sovereign bonds. C A short position in Ringgits sovereign bond from Malaysia would always help hedge the corporate bond against currency risk if the corporation is an exporter. D A short position in a 5-year US treasury and buying protection on the corporate bond using a CDS would be a better hedge than just buying protection on the corporate bond. 麻煩解釋一下c
所屬：FRM Part I 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
Cindy助教
2018-12-10 09:29
該回答已被題主采納
同學(xué)你好，C選項(xiàng)，如果他是一個(gè)出口商的話，那么他就是收到外匯，萬一外匯貶值了，他就會(huì)虧損，所以他就可以做空頭，在外匯貶值的時(shí)候可以獲得收益。
-
追問
感覺這句話跟上題沒什么關(guān)系啊
-
追答
同學(xué)你好，這道題的題干也牽涉到幾種不同的貨幣，而C選項(xiàng)講的也是外匯的風(fēng)險(xiǎn)，還是有一定的聯(lián)系的呀
0
0
0
0
