non-level hedging effectiveness and level hedging effectiveness
Chinese translation: 非均匀对冲的效果及均匀对冲的效果
| 04:00 Jun 4, 2013 |
| English to Chinese translations [PRO] Bus/Financial - Accounting / 关于期货的翻译 | |||||||
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|  Selected response from: FinancialTrans Local time: 08:40 | ||||||
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| 3 | 非均匀对冲的效果及均匀对冲的效果 |
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Answers
20 days confidence: 
非均匀对冲的效果及均匀对冲的效果 Explanation: “An annuity is said to have level payments if all payments Cj are equal.” “An annuity has non–level payments if some payments Cj are different from other ones.” 不太了解hedge的是什么，不过如果是hedge的标的本身就是一个payment stream，那么似乎说得通。 有意思，这么多年没有碰到过。 |
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