2011-level3-第四本教材第29页 关于fixed-income portfolio management “determining the target return"中的第二段：“for an upward-sloping yield curve,the immunization target rate of return will be less than the yield to maturity because of the lower reinvestment return".是什么意思？看不懂。
谢谢！ | 
发表于 2010-10-7 21:16
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