NO.PZ202209060200004404
问题如下:
Which of Choate’s considerations regarding the precautions he can take in the portfolio is least likely correct?选项:
A.Consideration 2 B.Consideration 1 C.Consideration 3解释:
SolutionC is correct. Consideration 3 is incorrect. Hedging tail risks through portfolio diversification is not difficult to implement and only has modest incremental cost. Hedging with derivatives, such as credit default swaps, is effective but costly.
A is incorrect because Consideration 2 is correct.
B is incorrect because Consideration 1 is correct.
请问老师,Hedging tail risks through portfolio diversification is not difficult to implement,这句话对么。我怎么感觉这句话不对