AliceZhou
2023-10-14 15:31老師,我想問一下選項(xiàng)里這句話‘price risky debt by viewing it as risk-free debt minus a put written on the firm issuing the debt.’我知道Debt=Bond risk free-put,那么我想問這里的minus a put后面又說了個(gè)written on the firm那不就相當(dāng)于負(fù)負(fù)得正了嗎?minus和written不會(huì)重復(fù)嗎?‘-put’不是已經(jīng)代表了short put嗎,還要再減一下?
所屬:FRM Part II > Credit Risk Measurement and 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
楊玲琪助教
2023-10-17 17:18
該回答已被題主采納
同學(xué)你好,
這里確實(shí)是一種比較容易混淆的英語表述,這里的written on the firm issuing the debt其實(shí)是在形容put,相當(dāng)于minus a put (which is) written on the firm issuing the debt.
希望能解答你的疑惑,加油!
