buzz

我也做成9.1了。 但这跟bond不一样，pmt是contribution 所以pv和pmt都是正的，fv是负的。

QUOTE:

以下是引用tulipxu在2010-6-6 20:20:00的发言：

 我算出来PMT也是0啊...细节忘记了

 

FV=2000000,N=25,PV题目里面给的....但是答案是9.1XX%....难道我按计算机按错了?

buzz

下午中国考，有一道问passively跟一个index，600个非常liquid的股票，要low tax cost 问选择一下哪种方式最不合适？
full replication, optimization, stratified modeling?

buzz

中国考
1. gips advertisement: 我选了不能annualized return

2. PE compsite: which violate GIPS? 我选了direct equity in shopping center?

3. cash market buy British corporate bonds forward market sell government bonds? 题中问如果预测正确最有可能的情况：我选了gain from spread narrowing but eliminate profit from currency appreciation. 不过是不是该选C less currency risk than buy and sell in cash market?

4. 一题问说三个月前short一个zero coupon bond forward (六个月的)。当时bond market value=10,000,000 forward price=11,000,000. current spot price is 9,000,000.问是current exposure of 1,100,000 or potential risk of 1,000,000? 我选了current