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carrie_w2008 · 2024年04月07日

D选项的后半句怎么理解

NO.PZ2020042003000086

问题如下:

which of the following statements about risk premiums is NOT correct?

选项:

A.

When the economy goes into a recession, the default-risk premium will increase

B.

A premium for liquidity risk, as some instruments are more difficult to sell quickly at a favorable price.

C.

Higher inflation reduces purchasing power unless a higher inflation-risk premium.

D.

Call risk is a lender has the right to return a loan early, thus reducing the lender’s expected rate of return if market interest rates have fallen.

解释:

考点:对Risk Management for Changing Interest Rates: ALM and Duration Techniques- Interest Rate Risk的理解

答案:D

解析:

选项D的前半句错误,Call riskLender面临资金被提前偿还的风险。前半句改为正确的

为:a borrower has the right to pay off a loan early

为啥会降低投资人对利率的预期

1 个答案
已采纳答案

pzqa27 · 2024年04月07日

嗨,爱思考的PZer你好:


因为当利率比较低的时候,borrower会提前还钱,lender拿到钱后只能按较低的市场利率进行再投资,所以call risk会降低lender的expected return

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虽然现在很辛苦,但努力过的感觉真的很好,加油!

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