问题如下图:
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选项:
A. 
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B. 
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C. 
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解释:
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A选项现金流再投资风险是不是看表里的cash flow yield?B的cf yield小,所以再投资风险小?
C选项是不是用小平行移动用duration,大平行移动用duration+convexity,非平行用spread duration 来衡量?那B的convexity小,所以保护少?但duration影响未知,所以不能说B的保护少?麻烦给解释一下C选项吧,我好混乱啊。感觉讲义整明白了,做到这道题就又蒙圈了。谢谢。