问题如下:
“The convenience yield is the lease rate for an asset if it were possible to borrow it.” Discuss this statement.
选项:
解释:
For an asset such as copper, one can argue that the lease rate that would be charged compensates the lender for benefits of having it on hand, that is, it compensates the lender for the convenience yield.
convenience yield 和 lease rate不会同时存在的,为什么有这句话?