vivian_zm · 2020年02月26日
问题如下：
All of the following are assumptions of the Merton model except:
选项： the risk-free rate is perfectly
collinear with the value of the firm.
default can only occur when the bond matures.
C.bond and stockholders cannot negotiate.
D.there is no need to adjust for liquidity.
解释：
A The Merton model assumes that the risk-free interest rate is constant through time.
请问老师D选项为什么不对？哪里假设了不需要调整流动性呢？
能否把每个选项都讲解一下呀，谢谢！
NO.PZ2016082405000011 All of the following are assumptions of the Merton mol except: the risk-free rate is perfectly collinewith the value of the firm. fault conly occur when the bonmatures. bonanstockholrs cannot negotiate. there is no neeto aust for liquity. A The Merton mol assumes ththe risk-free interest rate is constant through time. A还是没太明白，能不能一下呢？
NO.PZ2016082405000011 All of the following are assumptions of the Merton mol except: the risk-free rate is perfectly collinewith the value of the firm. fault conly occur when the bonmatures. bonanstockholrs cannot negotiate. there is no neeto aust for liquity. A The Merton mol assumes ththe risk-free interest rate is constant through time. 请问，C是什么意思？怎么理解？
跟讲义提到的假设怎么对应起来？
什么是模型的假设？体现在哪里？
