以下是引用jarodmeng在2008-6-10 15:39:00的发言:虽然我考的不是5050卷,但还是觉得奇怪,non-callable bond怎么会有prepayment risk呢? you are correct! for non-callable bond, we don't need to worry about prepayment risk. As I remembered, for 5050 test, we don't have a choic of prepayment risk, BUT that of cap risk. That's why i chose downgrade risk. feel better, huh? |