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[此贴子已经被作者于2010-6-7 12:50:21编辑过]

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[此贴子已经被作者于2010-6-7 12:54:13编辑过]

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for that i chose a modified duration takes in the effect of cashflow, have got a clue to be honest.

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i only remember modified duration, you divide number of years to maturity by something, and i assume that was the "cashflow effect"?

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[此贴子已经被作者于2010-6-7 12:45:48编辑过]

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d

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[此贴子已经被作者于2010-6-7 12:45:06编辑过]

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[此贴子已经被作者于2010-6-7 12:44:05编辑过]

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2.issued by bank,more liquity 的?

A commercial paper

B bank acceptance

C Eurodollor deposit of certificate

看了书,选 C


why not commercial paper, i thought its quite liquid as well?

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 bank 也可以帮其他的公司发啊。

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 我一直都不知到cd是什么, 就是定期存款吗?

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