NO.PZ2018123101000017
问题如下:
Which term structure model can be calibrated to closely fit an observed yield curve?
选项:
A.The Ho-Lee Model
B.The Vasicek Model
C.The Cox-Ingersoll-Ross Model
解释:
A is correct.
考点:考察Ho-Lee Model
解析:Ho-Lee模型无套利,可以校准以匹配观察到的期限结构。
这一道题题目题干没有看懂,什么叫observed curve这和无套利有什么关系呢?