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holicess · 2020年09月22日

问一道题:NO.PZ2020042003000086

问题如下:

which of the following statements about risk premiums is NOT correct?

选项:

A.

When the economy goes into a recession, the default-risk premium will increase

B.

A premium for liquidity risk, as some instruments are more difficult to sell quickly at a favorable price.

C.

Higher inflation reduces purchasing power unless a higher inflation-risk premium.

D.

Call risk is a lender has the right to return a loan early, thus reducing the lender’s expected rate of return if market interest rates have fallen.

解释:

考点:对Risk Management for Changing Interest Rates: ALM and Duration Techniques- Interest Rate Risk的理解

答案:D

解析:

选项D的前半句错误,Call riskLender面临债券被提前赎回的风险。前半句改为正确的

为:a borrower has the right to pay off a loan early

老师,选项c, Higher inflation reduces purchasing power unless a higher inflation-risk premium.可以解释下后半句吗?为什么更高的 inflation-risk premium 可以使得 purchasing power 提高呢?

1 个答案
已采纳答案

小刘_品职助教 · 2020年09月23日

同学你好,

可以先理解一下通货膨胀高了之后,会降低购买力的,因此高的 inflation-risk premium  会提高购买力。

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