NO.PZ2018113001000006
问题如下:
In order to equitize $500 million in cash for a one-month period, the manager could:
选项:
A.
Short risk-free bond and long futures
B.
Short stock and long risk-free bond
C.
Long risk-free bond and long equity futures
解释:
C is correct.
考点:synthetic index fund
解析:
根据公式:买入股票=买入无风险资产+买入期货
通过long bond and futures 可以将现金头寸变成股票的头寸,即 equitize cash。
老师没看懂为啥long bond