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B5, p158, first bullet point in middle of page: "The slope of the line remains constant with CPPI"
Here the "line" refers to CPPI's Payoff diagram, which is Figure 12 on p162 . It's a convex diagram, so the slope changes at every point.
I think Schweser simply made a mistake, which has not yet been reflected on their Erreta page. Thoughts? |
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