29 The gain or loss on a sale of a long-lived asset to which the revaluation model has been applied is most likely calculated using sales proceeds less: A carrying amount. B carrying amount adjusted for impairment. C historical cost net of accumulated depreciation. 为什么不选BC?

If a company uses the fair value model to value investment property, changes in the fair value of the asset are least likely to affect: A net income. B net operating income. C other comprehensive income. 这题的B如何考虑？

A是个什么wave

Low yield small cap company 为什么收益高？low yield是纸什么？

If unlikely to be reversed,treated as equity. 如果暂时性差异确定不能转回，就会变成永久性差异，则不确认DTL，未来不用交税，增加一块权益 If to be reversed,treated as true liability, DTL本来就是liability，确定能够回转就是true liability。 If non-reversal/reversal is uncertain, ignored 以上我的理解，不知对不？

请问能否解释一下coupon effect 说coupon小的会因discount rate改变而经历更大的价格变动 可是coupon作为分子 越大不应该受到折现率影响就会更大吗？

讲义190页，P小于α就可以拒绝，不管是双尾还是单尾是吗，双尾的话也不是0.5倍的α吗

Warranty liability---担保---DTA Accounting base(accrual accounting)---A liability is recognized for future obligation Tax base(cash accounting)---Recognize a expense when a cash outflow incurred---Zero 综上所述，担保形成DTA，我理解DTA是未来少缴税，当期多缴税，不知担保如何让当期多缴税？

DDM 中的 next year’s dividend 是 declare dividend 吗

为什么到46以后会继续下跌?