穆同學(xué)
2024-07-02 18:46老師,這句話不理解。這個(gè)凸性的。
所屬:CFA Level III > Fixed-Income Portfolio Management 視頻位置 相關(guān)試題
來(lái)源: 視頻位置 相關(guān)試題
1個(gè)回答
Emma助教
2024-07-03 12:30
該回答已被題主采納
同學(xué),你好~你是說(shuō)中間這句話不理解嗎?“Lee becomes curious about the convexity of these two portfolios and asks how to interpret this metric, independent of yield and duration. Hannon explains that assuming constant yield and duration, higher convexity is a beneficial property of a fixed income portfolio.” 這句話是說(shuō)對(duì)于同樣的利率和久期,凸性越高,對(duì)債券組合越有好處,就是凸性是個(gè)好東西。凸性使得債券價(jià)格有漲多跌少的特征。圖如下:
