note 第一本里的,提到confidence index一般是小于1的,也就是quality bond yield小于average bond yield
我不大明白,应该质量高的收益大于平均收益啊
多谢老师指教
就是Note 1第345页,CI=quality bond yilds/average bond yields
"this ratio is always less than one"这句话不大懂
哪位老师指教下啊
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