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KeynesYang · 2019年07月26日

问一道题:NO.PZ2016021705000022

问题如下图:

视频里面的半年利率*2=年化利率这个地方也是没有明白,为什么可以直接*2,为什么不是用数量里的effective annual interest rate复利方法计算年利率?

    

选项:

A.

B.

C.

解释:



1 个答案
已采纳答案

企鹅_品职助教 · 2019年07月29日

YTM 在CFA中,除非特殊说明,都是按单利计算的。(FRM中是按复利,两个考试不太一样)

从理论上来说YTM按复利计算也没错,但是CFA考试中把数学上做了简化,一般都是算单利的,当作结论记一下吧。

FRM考试的数学要求比较高,所以YTM都是按复利计算。

 

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