老师，c选项是怎么样的投资呀？

老师，a为什么对呢？

Reading44课后题11题total asset为啥不等于total debt+Equity?

为什么高等级债权人妥协会导致清偿顺序不严格执行？高等级债权人为什么要妥协？

利率的期限结构为什么是向上倾斜的？

Reading 42 课后题19题能讲一下吗？

Reading 42 课后题11题B选项什么意思B is incorrect because the absolute priority rule, under which senior creditors are paid in full before subordinated creditors, has not always been upheld in bankruptcy reorganizations. There is no assurance that if a corporate bond has collateral, the rights of the bondholders will be respected. It is this uncertainty that creates the dominant influence of credit ratings over collateral in credit spreads.

25 The benefit to the issuer of a deferred coupon bond is most likely related to: A tax management. B cash flow management C original issue discount price. 为什么不选A，课件上说有税收优惠

老师，麻烦问一下，这题的C哪里错了，是desired么？systematic risk 没法避免，其实是undesired？

老师好，这个题目用CAPM算出来UG的return是16.48，高于题目给出的expected return，也就是说市场现在的预期回报低于应用CAPM计算出来的要求预期，那不应该是undervalue了吗？