开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

甜甜圈洞 · 2023年11月11日

indifferent curve不是很多条曲线吗～如何理解最高的curve呐～谢谢老师

  1. CFA I
  2. Portfolio

NO.PZ2018070201000077

问题如下：

Which of the following is the optimal portfolio for a individual investor according to the capital market theory?

选项：

A.

the combination of a risk-free asset and a risky asset with the highest expected return.

B.

the combination of a risk-free asset and a risky asset with the highest indifference curve.

C.

the combination of a risk-free asset and a risky asset with the highest capital allocation line slope.

解释：

B is correct.

Individuals' optimal portfolios is determined by different indifference curves, which delivers the highest utility. So CAL is tangent to the individual investor’s highest possible indifference curve.

indifferent curve不是很多条曲线吗～如何理解最高的curve呐～谢谢老师

添加评论
1 个答案

Kiko_品职助教 · 2023年11月13日

嗨，爱思考的PZer你好：


CAL上的点已经是我们客观世界能达到最好的点了，再往上面都是不可达的。所以indifference curve跟CAL相切的时候就是highest。

----------------------------------------------
虽然现在很辛苦，但努力过的感觉真的很好，加油！

  • 1

    回答

  • 0

    关注

  • 216

    浏览
相关问题

NO.PZ2018070201000077问题如下Whiof the following is the optimportfolio for a inviinvestor accorng to the capitmarket theory?A.the combination of a risk-free asset ana risky asset with the highest expectereturn.B.the combination of a risk-free asset ana risky asset with the highest infferencurve.C.the combination of a risk-free asset ana risky asset with the highest capitallocation line slope.B is correct.Invials' optimportfolios is terminefferent infferencurves, whilivers the highest utility. So Cis tangent to the inviinvestor’s highest possible infferencurve.CML是无风险资产与有效前沿切点之间的连线，为何不能认为他的斜率相对其他点连线相较斜率最高？

2024-03-22 17:52 4 · 回答

NO.PZ2018070201000077 问题如下 Whiof the following is the optimportfolio for a inviinvestor accorng to the capitmarket theory? A.the combination of a risk-free asset ana risky asset with the highest expectereturn. B.the combination of a risk-free asset ana risky asset with the highest infferencurve. C.the combination of a risk-free asset ana risky asset with the highest capitallocation line slope. B is correct.Invials' optimportfolios is terminefferent infferencurves, whilivers the highest utility. So Cis tangent to the inviinvestor’s highest possible infferencurve. 这句话怎么理解

2023-08-16 07:11 1 · 回答

NO.PZ2018070201000077 问题如下 Whiof the following is the optimportfolio for a inviinvestor accorng to the capitmarket theory? A.the combination of a risk-free asset ana risky asset with the highest expectereturn. B.the combination of a risk-free asset ana risky asset with the highest infferencurve. C.the combination of a risk-free asset ana risky asset with the highest capitallocation line slope. B is correct.Invials' optimportfolios is terminefferent infferencurves, whilivers the highest utility. So Cis tangent to the inviinvestor’s highest possible infferencurve. 老师你好！能不能再具体说说CAL, CML, SML几条线之间的区别啊？谢谢！

2022-12-28 22:20 1 · 回答

NO.PZ2018070201000077问题如下 Whiof the following is the optimportfolio for a inviinvestor accorng to the capitmarket theory?A.the combination of a risk-free asset ana risky asset with the highest expectereturn.B.the combination of a risk-free asset ana risky asset with the highest infferencurve.C.the combination of a risk-free asset ana risky asset with the highest capitallocation line slope.B is correct.Invials' optimportfolios is terminefferent infferencurves, whilivers the highest utility. So Cis tangent to the inviinvestor’s highest possible infferencurve.以前的回答都是从optimportfolio定义上说的，我当然知道optimportfolios是CAL和无差异曲线的交点，正因为如此，无差异曲线和CAL有无数个交点吧，只要投资者能承受更大的风险和更高的回报。A和C都说无风险资产和带有最高收益的风险资产，最高的无差异曲线，那么多高算高，理论上可以无限向上吧。只有斜率是固定的，和最高斜率的组合，怎么就不对呢？

2022-05-01 10:40 1 · 回答