Can treasury futures have negative convexity?作者: Zestt 时间: 2013-8-8 09:02
EDIT: Are you trying to get banned?作者: meghanjackson 时间: 2013-8-8 09:02
I got it wrong! Thought the exhibit showed negative convexity for the treasury futures.作者: mp3bu 时间: 2013-8-8 09:03
C’mon man, specific questions, really? Respect the nice folk who run this board (not to mention your pledge to CFAI), and DO NOT post information about specific questions.作者: pawn 时间: 2013-8-8 09:03
can you hedge a cuspy coupon?作者: cfa10yrplan 时间: 2013-8-8 09:03
Jsnholmes
where you @ kid?作者: ASSet_MANagemen 时间: 2013-8-8 09:03
You do know that you are violating rules and regulations of both the forum and CFA Institute? I really dont get what people achieve out of doing this. Stop this non-sense and I believe admins should ban people with such attitude.作者: jcfa2011 时间: 2013-8-8 09:03
I remember after level I, I hadn’t seen that part of ethics (but still did well and passed).
I learned you aren’t supposed to talk about exam questions thanks to AF (then of course went back and checked the ethics to confirm).作者: jbaldyga 时间: 2013-8-8 09:03
This thread has been forwarded to the CFAI.作者: LBriscoe 时间: 2013-8-8 09:03
we should still be allowed to discuss concepts right, albeit not specific questions? so whats the problem asking if futures can have negative convexity?作者: meghanjackson 时间: 2013-8-8 09:03
im with my boys Steely Dan and the German.作者: SpyAli 时间: 2013-8-8 09:04
Captain Save a Ho has sour grapes作者: CFA4Techie 时间: 2013-8-8 09:04
Lol.. relax作者: OmarAdnan 时间: 2013-8-8 09:04
I have a burning desire to know if you can hedge a cuspy coupon?作者: tobeornottobe 时间: 2013-8-8 09:04
yes futures could have negative convexity. futures have MTM effects as well as the CTD bond could change. in short it is possible for futures to have negative convexity whereas an individual bond has positive convexity if it’s a plain bullet non callable作者: parott 时间: 2013-8-8 09:04
Coub Douglas (New Query)
Incase of Cobb Douglas when should you take %TFP=0? Schweser says %TFP=0 incase of Constant Returns to scale.作者: bdavi77962 时间: 2013-8-8 09:04
simplex, read the CFAI books, not Schweser kid cudi.作者: Dapper425 时间: 2013-8-8 09:04
Pistol Pt - The link you have mentioned doesnt give any final resolution to using %TFP =0 in a Cobb Douglas Fn. Plz clearly put your views on TFP values incase of Constant Returns to Scale.作者: stalkey 时间: 2013-8-8 09:04
1Big Studd Muffin - have studied both. Dont make tall statements without knowing facts.作者: random_walker47 时间: 2013-8-8 09:05
Could you restate the question? I don’t see what the issue is, if we have constant returns to scale, you know TFP….what is the problem? TFP has nothing to do with constant returns to scale…
