Fixed Income【Session9- Reading 24】习题精选
Which of the following best describes the basis for relative-value analysis? A)
| Generates rankings of expected returns. |
| B)
| Identifies mispricings. |
| C)
| Identifies the value of corporate bonds relative to government bonds. |
|
Relative value refers to the ranking of fixed-income investments by sectors, structures, issuers, and issues in terms of their expected performance during some future interval. |