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yfmao · 2021年11月11日

B为什么不对

NO.PZ2018070201000052

问题如下:

What is the characteristics of indifference curve for the most risk-averse investors?

选项:

A.

lowest convexity.

B.

lowest intercept value.

C.

greatest slope coefficient.

解释:

C is correct.

The high risk-averse investor has the indifference curve at the same standard deviation have higher expected return. .All investors have the same expected return when standard deviation is 0.

投资者risk adverse程度越高,indifference curve 与efficient frontier相交的点应该越是接近gobal minimum variance portfoilo, 那为什么B不对呢

1 个答案

Kiko_品职助教 · 2021年11月11日

嗨,从没放弃的小努力你好:


risk adverse的程度越高,只能说明他们对于风险要求的补偿越高(而不是因为厌恶风险就不做高收益的投资)indifference cuive越凸,跟截距没有关系。这道题也不需要考虑与EF的交点哈。

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

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