e*****e
发帖数: 81 | 1 Assume that the required rate of return on the market, r (m), is given
and fixed, if the yield curve were upward- sloping, then the SML would
have a steeper slope if 1 yr treasury securities were used as the risk
free rate than if 30- yr treasury bonds were used for r(RF) | l*m
发帖数: 189 | 2 对吧，30年r>1年的r
所以在纵坐标上的起始点比较高，frontier不变的话，起点高的斜率小
【在 e*****e 的大作中提到】
: Assume that the required rate of return on the market, r (m), is given
: and fixed, if the yield curve were upward- sloping, then the SML would
: have a steeper slope if 1 yr treasury securities were used as the risk
: free rate than if 30- yr treasury bonds were used for r(RF)
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