meghanjackson

im with my boys Steely Dan and the German.

SpyAli

Captain Save a Ho has sour grapes

CFA4Techie

Lol.. relax

OmarAdnan

I have a burning desire to know if you can hedge a cuspy coupon?

tobeornottobe

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

parott

Coub Douglas  (New Query)
Incase of Cobb Douglas when should you take %TFP=0? Schweser says %TFP=0 incase of Constant Returns to scale.

bdavi77962

simplex, read the CFAI books, not Schweser kid cudi.

Dapper425

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.

stalkey

1Big Studd Muffin - have studied both. Dont make tall statements without knowing facts.

random_walker47

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…