胡同學
2022-11-01 18:27雖然答對了,但是不太理解題目的意思,可否解析一下,謝謝。
所屬:CFA Level I > Alternative Investments 視頻位置 相關(guān)試題
來源: 視頻位置 相關(guān)試題
1個回答
Chris Lan助教
2022-11-01 20:02
該回答已被題主采納
同學您好
投資林地和農(nóng)地的潛在風險有如下的三個,這個題考核的就是第3點。
1 Liquidity is very low and the risk of negative cash flow high because fixed costs are relatively high. 由于固定成本相對較高,流動性非常低,負現(xiàn)金流的風險很高
2 Weather is a more unique and exogenous risk for farmland, with drought or flooding dramatically decreasing many crop yields and thus the expected income stream. 天氣對農(nóng)地來說是一種更為獨特和外生的風險,干旱或洪水會顯著降低許多作物的產(chǎn)量,從而降低預期的收入來源
3 Productive land generates globally traded and consumed commodities. This international competitive landscape is a major risk factor can result in interruptions in world trade, growing foreign agricultural competition, and resulting declines in crop prices. 生產(chǎn)性土地可以產(chǎn)生全球性貿(mào)易和消費的商品。這種國際競爭格局是一個主要的風險因素,可能導致世界貿(mào)易中斷、外國農(nóng)業(yè)競爭加劇,并導致農(nóng)作物價格下降
