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标题: External Interest Rate Effects [打印本页]

作者: transferpricing    时间: 2011-7-11 19:11     标题: External Interest Rate Effects

CFAI Text Vol 6, P.169, 1st paragraph and 2008 AM Exam Q10B

Expected I/R effect :
The return from the implied forward rates.
Unexpected I/R effect : The difference between the actual realized return and the market implied return from the forward rates.

Can anyone explain clearly/tangible what do these 2 definitions actually mean ?
作者: ohai    时间: 2011-7-11 19:11

mik82,

Thank you so much !




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