金程問(wèn)答
原版書(shū)第1冊(cè)第23頁(yè)中寫(xiě)道complaint應(yīng)該寫(xiě)給Professional Conduct Program，怎么這里變成Standards and Policy Committee了呢？
DDM第42題 這個(gè)答案解析不是求 杜邦分析求roe么。。。。 是說(shuō)用的roe×b=g么
這里的日落條款寫(xiě)的不是說(shuō)一個(gè)條款執(zhí)行幾年后如果沒(méi)有進(jìn)一步action的話(huà)就自動(dòng)失效了么？
那么技術(shù)進(jìn)步?jīng)]有邊際效應(yīng)遞減么？
39題，算不出來(lái)…固收第二個(gè)case39題。
請(qǐng)老師解惑？
這里韓老師講到MVA=Market Value-Total Capital,然后說(shuō)Market Value=Equity+Debt=price*shares+Debt. 但是以前講到過(guò)Total Capital是Equity+Debt，它同時(shí)等于 Total Asset(Equity+Liability) 減去 不帶利息的負(fù)債 這兩個(gè)講法怎么Market Value和Total Capital相等了？很迷惑。
追問(wèn)~林正老師
請(qǐng)問(wèn)，statement2前半句話(huà)，在fundamental中，factor sensitivity應(yīng)該是指F吧？應(yīng)該是后算出來(lái)的呀。（先算的standards Beta,即b）
接著上一個(gè)問(wèn)題 解釋是: Solution A is correct. Morgan’s recommendations to implement a trade that steepens the yield curve in the midst of the recession is consistent with the economic cycle. The yield curve typically steepens when the economy is in recession. But given that value stocks are likely to outperform growth stocks and that small-cap stocks are likely to outperform large-cap stocks in the immediate aftermath of a recession, Morgan’s recommendation regarding growth equities is less likely to succeed. C is incorrect because large cap stocks tend to outperform going into and during a recession, but small cap stocks tend to outperform coming out of a recession. B is incorrect because yield curves tend to steepen during a recession, so the recommendation to implement a yield curve steepening trade now is consistent with the economic cycle. 請(qǐng)老師解釋下A正確的那一段話(huà), 看不太懂... 謝謝!
41題，70000怎么來(lái)的
程寶問(wèn)答
