TWR(时间加权回报率) vs. MWR(价值加权回报率)

TWR(时间加权回报率) 和 MWR(货币加权回报率)的对比, 是在投资组合中的考点. TWR是计算整个时间区间的收益率的几何平均数(geomertic means), 考虑了资金的时间价值, 是......

当我们谈论"久期"(Macaulay Duration)的时候, 在说什么?

把债券相像成一系列排在跷跷板上的积木,每个积木代表一个现金流,现金流越多,积木越长。把这些木块按时间顺序从左到右排列在跷跷板上,大多数积木都是矮短的(每期的利息),最右边一块(到期还本付息)则擎天一......

Print your admission ticket (打印准考证)

Dear Candidate,  Your CFA® Program exam is approaching quickly. Be prepared by printing your admission ticket now, reviewing it for accuracy, and keeping it safe until exam day on Saturday, 23 June 2018.  1.Log in to access your exam admission ticket. 2.Review your ticket and passport. You must present your valid international travel passport during check-in for both sessions on exam day, as outlined in the Identification Policy. The last four digits of your passport number, the name, and......