NO.PZ201812020100000409
问题如下:
Based
on DFC’s bond holdings and Exhibit 2, Molly should recommend:
选项:
A.Benchmark 1.
B.Benchmark 2.
C.Benchmark 3.
解释:
B
is correct. DFC has two types of assets, short term and intermediate term. For
the short-term assets, a benchmark with a short duration is appropriate. For
the intermediate-term assets, a benchmark with a longer duration is
appropriate.
In
this situation, DFC may wish to combine several well-defined sub-benchmark
categories into an overall blended benchmark (Benchmark 2). The Bloomberg
Barclays Short-Term Treasury Index is an appropriate benchmark for the
short-term assets, and SD&R uses a 50% weight for this component. The
longer-duration Bloomberg Barclays US Corporate Bond Index is an appropriate
benchmark for the intermediate-term assets, and SD&R uses a 50% weight for
this component. As a result, Molly should recommend proposed Benchmark 2.
原文确实有Leah asks for benchmark advice regarding DFC’s portfolio of short-term and intermediate-term bonds,选这个选项是不是意味在实际过程中短期的债务和短期index匹配,中期债务和中期index 匹配么?文中也同时提到综合mac duration是9,为什么不选综合duration =9的选项呢?前面的提问回答我都看了,并不能解释我的疑惑,请老师再解答一下