这道题啥意思呀

170:为什么第一年的after- fee的值113.6是high water Mark？为什么不是第二年或第三年？就是这个是怎么判断的？搞不清楚IF，water mark这里。

第90题scale and diversification是哪一个知识点谢谢？能否解释一下？

89题可以在讲解一下吗谢谢

169:B选项为什么两头亏呢？dealer用bid price买fund，ask price卖fund；而bid price要低于ask price，那不就是低买高卖么，怎么亏了呢？

锁定期可以支付给investor利息，但不能支付本金？

65:怎么区分direct和indirect投资？为什么本题中的REITs是indirect equity？我记得之前的表格课上讲的表格里mortgage REITs是public debt，privateREITs是private equity，listed REIT shares是public（indirect）equity。那我怎么区分他们呢？

升水和贴水是什么？这个公式在哪里学到，可否截图

Colleen O’Neil, CFA, manages a private investment fund with a balanced global investment mandate. Her clients insist that her personal investment portfolio replicate the investments within their portfolio to ensure them that she is willing to put her money at risk. By undertaking which of the following simultaneous investment actions for her own portfolio would O’Neil most likely be in violation of Standard VI(B)–Priority of Transactions?ASale of a listed US blue chip value stock.BParticipation in a popular frontier market IPO.CPurchase of a UK government bond in the primary market. C为啥不对

160:LBO是什么？和infrastructure assets区别是什么