原版書第1冊第23頁中寫道complaint應該寫給Professional Conduct Program,怎么這里變成Standards and Policy Committee了呢?
DDM第42題 這個答案解析不是求 杜邦分析求roe么。。。。 是說用的roe×b=g么
這里的日落條款寫的不是說一個條款執(zhí)行幾年后如果沒有進一步action的話就自動失效了么?
那么技術進步沒有邊際效應遞減么?
39題,算不出來…固收第二個case39題。
請老師解惑?
這里韓老師講到MVA=Market Value-Total Capital,然后說Market Value=Equity+Debt=price*shares+Debt. 但是以前講到過Total Capital是Equity+Debt,它同時等于 Total Asset(Equity+Liability) 減去 不帶利息的負債 這兩個講法怎么Market Value和Total Capital相等了?很迷惑。
追問~林正老師
請問,statement2前半句話,在fundamental中,factor sensitivity應該是指F吧?應該是后算出來的呀。(先算的standards Beta,即b)
接著上一個問題 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. 請老師解釋下A正確的那一段話, 看不太懂... 謝謝!
41題,70000怎么來的
程寶問答