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标题: Fixed income analysis部分一个关于convexity的问题 [打印本页]

作者: joyspring    时间: 2010-9-28 10:29     标题: Fixed income analysis部分一个关于convexity的问题

Fixed income analysis教材Reading 66后面练习题第8题不太明白,答案中说A high coupon bond will exhibit negative convexity. A  low coupon bond will exhibit positive convexity. 为什么呢?

 

麻烦老师或明白的同学帮助解答一下,谢谢啦!






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