NO.PZ2023103101000038
问题如下:
Q. Which of the following statements is most correct if you observe that the correlation between farmland and inflation is significantly lower than the correlation between commodities and inflation (and that both correlations are positive)?
选项:
A.Commodities are expected to provide a better inflation hedge than farmland.
B.Farmland is expected to provide a better inflation hedge than commodities.
C.Differences in correlation do not provide any information that is useful in assessing whether an asset class is an inflation hedge.
解释:
A is correct. An effective hedge exhibits relatively high correlation relative to the risk exposure being hedged. Thus, the higher correlation between commodities and inflation implies that commodities provide a better hedge against inflation compared to farmland.
这道题没看明白,而且为啥这些题目都没有中文解释了?