Mock Exam Question #51 answer
I am confused by this question. How come they aren’t using the yield beta in their calculation of contracts needed to change the duration of the portfolio? I thought when adusting the duartion you need to multiply by the yield beta?
Also - can someone help me understand the concept of yield beta - I’ve read about it a lot in Schweser but am a bit thrown off as to the real world application. |
发表于 2013-4-2 12:19
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