910                                                    25

 )     ,    -
   ,     . ( -
   . 16.)

2.        , -
    ,    ,   -
     .

3.   90-       -
      (     
  ,       ,
..  90 ,  0,25 ).

4.       , 
,      .

5.  ,          -
       .

         -
,        -
.     ,    . 25.11,   -
,    ,    (  -
        ),  -
    . ,   
 ,     ,    (
         -
),      . , -
 22.3       -
    ,     
 ^21.

  

20

15



g 10



			
			
 /^-	 \	 '\  \^-^	J
			
			

 



3,0

6,0


9,0

12,0

. 25.11.   
: Wayne H. Wagner and Dennis A. Tito Definitive New Measures of Bond Performance and
Risk. Pension World, 13, no. 5 (May 1977), p. 12.