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海涛 · 2019年10月05日

问一道题:NO.PZ2018091706000061 [ CFA II ]

问题如下图:

选项:

A.

B.

C.

解释:

看不太明白,求详解。
1 个答案

源_品职助教 · 2019年10月06日

解析中的公式体现了这样的观点,在比较AB两国货币的价值的时候,A国货币价值和A国真实利率高于B国真实利率的差额成正比,和A国风险溢价高于B国风险溢价的差额成反比。

所以一国的货币如果发生贬值,要么是该国真是利率下降,要么是该国风险溢价上升。通胀的增加会导致风险溢价的上涨。所以C正确。

 

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