问题如下:
Which of the following statement about
Liquidity risk is not correct?
选项:
A. An asset is said to be liquid
if it is “near” or a good substitute for cash.
Transaction
liquidity risk is the risk of moving the price of an asset adversely in the act
of buying or selling it.
A market is said to be liquid
if market participants can put on or unwind positions.
An
asset is said to have a liquidity premium if its price is lower and expected
return higher because it isn’t perfectly liquid.
解释:
考点:对Liquidity risk的概念理解
答案:C选项表述错误,本题选C。
解析:
Liquid Market在买卖资产时,有以下限制条件:put on or unwind positions quickly, without excessive transactions
costs and without excessive price deterioration.
老师,想问下D选项,为什么资产的流动性不好,价格低,预期收益率会高呢?