huangandy

quant一题：

收益率0.8%，compound monthly, 问多少月收益率 double?

a 87

b 90

c 125

chenmengjie

QUOTE:

以下是引用huangandy在2011-6-8 19:20:00的发言：

道德一题 responsibilities of supervisors:

 A   firm policy

 B   securties law

 C   investment and non-investment

C handbook上有的

quietfirst

QUOTE:

以下是引用cfalevel2can在2011-6-8 16:29:00的发言：
哪个risk tolerance比较高，endowment, bank, insurance company, 应该是endowment

同意

quietfirst

QUOTE:

以下是引用cfalevel2can在2011-6-8 16:27:00的发言：
leverage ratio计算，应该是2.5

好像是这个数字

huangandy

道德一题 responsibilities of supervisors:

 A   firm policy

 B   securties law

 C   investment and non-investment

quietfirst

QUOTE:

以下是引用cfalevel2can在2011-6-8 16:26:00的发言：
什么option maturity越长，value越低，european call, european put, american call。我选了european put

you are right. reason is that you need to calculate european put's present value given it could only be exercised until maturity. This is not the case for American options which could be exercised at any time

quietfirst

QUOTE:

以下是引用cfalevel2can在2011-6-8 16:25:00的发言：
有negative convexity的是什么option， put or call， 我选了call

agree.

quietfirst

QUOTE:

以下是引用cfalevel2can在2011-6-8 16:24:00的发言：
算call option value哪个最准确，effecive duration, macaulay duration, modified duration. 我选了effective

you are right, effective duration is the best one cause macaulay & modified cannot be used to calculate the value of asset with options

s1001323

要死，我也选了too complicated

quietfirst

QUOTE:

以下是引用andiebogard在2011-6-8 18:31:00的发言：

bank acceptance 这个不是bank acceptance哈，bank acceptance是进出口贸易双方银行之间的交收工具