NO.PZ202209060200004004
问题如下:
Is Puhuyesva most likely correct in her comments to Honanie regarding South American debt indexes?选项:
A.No. She is incorrect regarding valuation. B.Yes C.No. She is incorrect regarding tracking risk.解释:
SolutionA is correct. Puhuyesva is incorrect regarding valuation. Equity securities typically trade much more frequently than debt securities, so current market valuations are available. Many fixed-income securities are very illiquid, trading very infrequently. Therefore, pricing and valuation are difficult, and such estimations as matrix pricing, which are subject to error, must be used.
B is incorrect because Puhuyesva is incorrect regarding valuation.
C is incorrect because tracking error (tracking risk) is a good way to measure how well a portfolio is mimicking its benchmark index.
老师,请问以下说法是否正确:equities valuation models are much more reliable than those for fixed-income ; therefore, it is much easier to determine the value of a equity portfolio than an fixed-income portfolio