周教授CFA金融课程(2021年CFA一级全系列课程)

申请CFA一级会员免费学习、免费延期、高通过率。

周教授CFA金融课程(2021年CFA二级全系列课程)

申请CFA二级会员免费学习、免费延期、高通过率。

周教授CFA金融课程:考点精讲+作答须知(2021年CFA三级全系列课程)

全球最好CFA三级课程,由美国大学金融学资深教授,博士,CFA 持证人、博士生导师 - 周教授亲自授课,中国知名大学教授、硕博团队协作出品,高通过率

 

CFA报名详细流程图,CFA考生自己即可完成报名
上一主题:Reading 28:Managing Institutional Investor Portfolios- LO
下一主题: Reading 20: Human Capital, Asset Allocation, and Life Insur
返回列表 发帖
周教授CFA金融课程:2021年CFA一二三级系列课程

Reading 20: Human Capital, Asset Allocation, and Life Insur

Q8. Which of the following has a positive relationship with the demand for life insurance?

A)   An investor’s aversion to risk.

B)   The level of financial wealth.

C)   The volatility of the investor’s human capital.

Q9. Which of the following statements is least accurate regarding human capital?

A)   If an investor’s human capital is equity-like they should allocate a greater amount of their financial capital to fixed income investments.

B)   The demand for life insurance will increase if human capital is bond-like.

C)   When possible, one should maximize the correlation of human and financial capital.

答案和详解如下:

Q8. Which of the following has a positive relationship with the demand for life insurance?

A)   An investor’s aversion to risk.

B)   The level of financial wealth.

C)   The volatility of the investor’s human capital.

Correct answer is A)

An investor’s aversion to risk and the demand for life insurance have a positive relationship – the greater their level of risk aversion the more life insurance they demand. The level of financial wealth and demand for life insurance have a negative relationship as does the volatility of the investor’s human capital and demand for life insurance.

Q9. Which of the following statements is least accurate regarding human capital?

A)   If an investor’s human capital is equity-like they should allocate a greater amount of their financial capital to fixed income investments.

B)   The demand for life insurance will increase if human capital is bond-like.

C)   When possible, one should maximize the correlation of human and financial capital.

Correct answer is C)         

One should always offset the risk of their human capital with the risk of their financial capital and minimize the correlation between the two. If an investor’s human capital is equity-like they should reduce the correlation with their financial capital by allocating a greater amount of their financial capital to fixed income investments and visa versa. The demand for life insurance will increase if human capital is bond-like and decrease if human capital is equity-like.

 

TOP

  thanks

TOP

thx

TOP

 r

TOP

回复:(mayanfang1)[2009] Session 4: Reading 20: ...

 thx

TOP

回复:(mayanfang1)[2009] Session 4: Reading 20: ...

v

TOP

回复:(mayanfang1)[2009] Session 4: Reading 20: ...

v

TOP

 d

TOP

d

TOP

返回列表
上一主题:Reading 28:Managing Institutional Investor Portfolios- LO
下一主题: Reading 20: Human Capital, Asset Allocation, and Life Insur