微信扫一扫
实时资讯全掌握
|
When a one-bond hedge is inadequate for hedging a mortgage security and a two-bond hedge is required, all of the following are necessary assumptions for using a two-bond hedge EXCEPT: A. the yield curve will shift in a parallel fashion. B. reliable assumptions in the Monte Carlo simulations of interest rates. C. the security’s price change given a small change in yield. |