r*****t
发帖数: 286 | 1 ☆─────────────────────────────────────☆
Icare (土豆自风流) 于 (Sun Mar 25 16:48:28 2007) 提到:
I think based on her reply to the first question, one can determine that she
has poor understanding of the arbitrage-free argument. There is never a
period of time when interest rate is negative. That's because if you have
the opportunity to hold the money in a vault you should be able to do better
than the negative rate with zero risk. Market itself will rule it out.
However, as she was a candidate for M |
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