In valuing underlying hedge fund positions, the most conservative approach is most likely one that uses:
A. the average of the bid and ask prices.
B. bid prices for longs and ask prices for shorts.
C. the most recent market prices.
请问这个题目,选择B怎么理解?
我的理解是:conservative approach就是用更保守的方式计算,bid是买价格价格低,ask是卖价价格高。所以保守计算就是低价卖出,高价买进,那不就理解成bid price short,ask price long?
为什么是选择B?