Then finally, the final step is to find what is the tangency line that goes through the risklessrate.
在最后,最终的步骤是找出一条,穿过无风险收益率的切线。
2
The short-term risklessrate is one of the most fundamental and important prices determined in financial markets. It is driving the changes in the entire term structure.
短期无风险利率是金融市场上最基本也是最重要的价格决定因素,它驱使着整个期限结构的变动。
3
Credit spreads-that is to say, the risk premium over and above the risklessrate of interest-widened to unprecedented levels and eventually the stock market also was overwhelmed by panic.