问题如下图:
选项:
A.
B.
C.
解释:
What is break-even reinvestment rate?
NO.PZ2018062006000087 问题如下 Whiof the following rates is best scribethe break-even reinvestment rate? A.Spot rate. B.Implieforwarrate. C.Prate. B is correct. finition, the implieforwarrate is the break-even reinvestment rate whiis calculatefrom spot rates.考点interest rate解析一个implieforwarrate,是由两个Spot rate隐含出来的。如投资7年的Spot rate是S7 和投资5年的Spot rate是S5 。由此可得5年后的时间点起,未来两年的利率5y2y就是隐含的forwarrate,即 break-even reinvestment rate,故B正确。 知道forwar义和计算, 不理解为什么是break-even reinvestment rate
NO.PZ2018062006000087 问题如下 Whiof the following rates is best scribethe break-even reinvestment rate? A.Spot rate. B.Implieforwarrate. C.Prate. B is correct. finition, the implieforwarrate is the break-even reinvestment rate whiis calculatefrom spot rates.考点interest rate解析一个implieforwarrate,是由两个Spot rate隐含出来的。如投资7年的Spot rate是S7 和投资5年的Spot rate是S5 。由此可得5年后的时间点起,未来两年的利率5y2y就是隐含的forwarrate,即 break-even reinvestment rate,故B正确。 ,
这个break-even reinvestment rate 怎么理解呢?能否详细讲讲,谢谢。