标题: Return on foreign bond CFAI mock [打印本页] 作者: soverby 时间: 2011-7-11 19:55 标题: Return on foreign bond CFAI mock
Got this question right, but not exactly the same answer as they had.
They basically say the return = i. on bond +/- currency appr/depr + (i. on bond * currency appr/depr).
I've never seen this part "(i. on bond * currency appr/depr)" included for this calculation.作者: chaojimali 时间: 2011-7-11 19:55
this is the R + S + R*S
R*S is usually small - so it is ignored
(1+r) (1+s) - 1 = r + s + rs
CP作者: Uranus08 时间: 2011-7-11 19:55
I did the exact same thing and got it right but I question if CFAI would potentially include a choice close enough that you would have to know the exact way. I realize it's not much more to remember, but when youve spent so much time programming something in your head it messes you up.....
