NO.PZ2023040301000080
问题如下:
Which of the following statements is least accurate with respect to fixed-income indices?
选项:
A.
Compared with equity indices, it is easier and less expensive to replicate fixed-income indices
B.
The indices are susceptible to turnover of the underlying securities
C.
Many of the underlying securities in the index tend to be illiquid
解释:
Compared with equity indices, the large number of fixed-income securities—combined with the lack of liquidity of some securities—has made it more costly and difficult for investors to replicate fixed-income indices and duplicate their performance
债券不是会到期吗?应该是流动性更强