ying82

QUOTE:

以下是引用amipang在2010-6-7 0:05:00的发言：

你在哪里考？

加拿大。 还有那个index是value weighted, price weighted or equal weighted的题，我看的题干问的是最不合适的 我的试题编号是7171， 前面帖子有人说8181的。看来就是不同version的题稍有不同了

[此贴子已经被作者于2010-6-7 1:27:02编辑过]

prso

QUOTE:

以下是引用xiaoming_bo在2010-6-7 0:58:00的发言：

请补充。。。

 

一. 个人IPS+税收

二. 日本保险公司收购

1. 4种风险变化  

2. surplus比重？  

3. 三种行为金融概念

三. 养老金

1. 三个原因说明plan风险承受能力下降，

2. 3 non-market noise        

4.？

四. 经济

1. 两个领先指标

2. 缺陷

3. 根据DDM模型算标普指数的合理价值

五. 债券免疫

1. 对4年期的负债免疫，选bond X      

2.         

3.          

4. 根据夏普指数确定是否加入债券到原投资组合

六. 资产配置

1. corner portfolio 好像是选4，5   

2. 算non-US equity的权重       

3.                4.      

七. 风险管理

1. 跨式套利的利润和breakeven price 

2. 为什么不选其他3种期权bull call, collar      

3.

八. 交易

1.       

2. 两个原因说明bond的corridor变大  

3. 用crossing network 和shortfall  

4. 机会成本

九. 业绩评估 

1. 选最合适的Russel指数，给出两点原因 

2. overweight , underweight分别哪个的贡献最大，

3. 组合的active return，好像是-2.1%？

 

 

好记性，我就等CFAI明年把AM session公布出来了，不费这个劲了~

guangyanqin

ok......afternoon....buy a europe coporate bond in cash market, and sell a europe government bon in future market.......choices:

a. can benefit from increasing coporate credit yield, but not appreciation of europe dollar

b. eleminate the government yield changes risk but not currency risk

c. less currency risk than do both in cash market

\

??????

prso

QUOTE:

以下是引用guangyanqin在2010-6-7 1:23:00的发言：

ok......afternoon....buy a europe coporate bond in cash market, and sell a europe government bon in future market.......choices:

a. can benefit from increasing coporate credit yield, but not appreciation of europe dollar

b. eleminate the government yield changes risk but not currency risk

c. less currency risk than do both in cash market

\

??????

好记性，我好想选了B，忘了

horry

QUOTE:

以下是引用guangyanqin在2010-6-7 1:23:00的发言：

ok......afternoon....buy a europe coporate bond in cash market, and sell a europe government bon in future market.......choices:

a. can benefit from increasing coporate credit yield, but not appreciation of europe dollar

b. eleminate the government yield changes risk but not currency risk

c. less currency risk than do both in cash market

\

??????

I CHOSE C

 

marinodd

 我还是觉得　应该是２个单位的Ｓｔｒａｄｄｌｅ　以前好像看到过这样的题目

Ｉｍｐ. VWAP or Crossing?
第一个　Ｉｍｐ，　因为是　long term and large spread　首要目的是减少交易成本　所以是imp.
第二个　ＶＷＡＰ，　因为　urgent, informative motivated, 所以要ＶＷＡＰ　基本可以保证当天内成交。
Ｎｏｔｅｓ里有一个相似的题目，答案是一样的

bigboylht

QUOTE:

以下是引用guangyanqin在2010-6-7 1:23:00的发言：

ok......afternoon....buy a europe coporate bond in cash market, and sell a europe government bon in future market.......choices:

a. can benefit from increasing coporate credit yield, but not appreciation of europe dollar

b. eleminate the government yield changes risk but not currency risk

c. less currency risk than do both in cash market

\

??????

B

buy coporate bon in cash

sell gov bond in future,

目的是得到spread yield,

但是由于持有现货corp bond,所以仍有汇率风险。

[此贴子已经被作者于2010-6-7 1:29:03编辑过]

hitman1986

QUOTE:

以下是引用prso在2010-6-7 1:25:00的发言：

好记性，我好想选了B，忘了

同意

guangyanqin

QUOTE:

以下是引用horry在2010-6-7 1:25:00的发言：

I CHOSE C

 

can you explain????

marinodd

 同意　Ｂ