With an accrual bond, payments are deferred to maturity and then disbursed along with the par value at maturity. 这句话是什么意思？Accrual bond 是零息债券吗？

01.单选题 已收藏 标记 纠错 Which of the following is a unique feature of hedge fund indices? A Hedge fund indices are frequently equal weighted. B Hedge fund indices are determined by the constituents of the index. C Hedge fund indices reflect the value of private rather than public investments. 查看解析 下一题 正确答案B 您的答案B本题平均正确率：47% Other equity index &fixed-income index& alternative investments难度：困难 推荐：      答案解析 Hedge funds are not required to report their performance to any party other than their investors. Therefore, each hedge fund decides to which database(s) it will report its performance. Thus, for a hedge fund index, constituents determine the index rather than index providers determining the constituents. 问：对冲基金指数由成分股决定，能否在通俗的解释一下

Roll yield 这个可否换个简单的例子解释一下？

07.单选题 已收藏 标记 纠错 Which of the following description regarding fixed-income indices is most accurate? A Rebalancing and reconstitution are the only sources of turnover in fixed-income indices. B Liquidity issues make it difficult for investors to easily replicate fixed-income indices. C Fixed-income indices representing the same target market hold similar numbers of bonds. 查看解析 上一题 下一题 正确答案B 您的答案B本题平均正确率：79% Other equity index &fixed-income index& alternative investments难度：一般 推荐：      答案解析 The large number of fixed-income securities—combined with the lack of liquidity of some securities—makes it costly and difficult for investors to replicate fixed-income indices. 问：C为什么错，可否再详细解释一下

问：return有两种：price return 计算是不带股利的，total return计算是带股利的；index有5种，要求掌握计算的是前4种（即 排除基本面的那个）。这样一组合应该是8种。所以我在想这道题没有说是price return还是total return，那么到底考虑不考虑股利？

01.单选题 已收藏 标记 纠错 For rebalancing and reconstitution of security market indices, which of the following statements is most accurate? A Equal weighted indices require frequent rebalancing. B Turnover within an index results from a reconstitution but not from rebalancing. C A price-weighted index requires rebalancing more than a market-capitalization weighted index. 查看解析 下一题 正确答案A 您的答案A本题平均正确率：79% Rebalancing and reconstitution of an index难度：一般 推荐：      答案解析 Price-weighted indices are not rebalanced because the weight of each constituent security is determined by its price. For market-capitalization-weighted indices, rebalancing is less of a concern because the indices largely rebalance themselves. 问：题目能够选出A.问题如下 1.B选项 turnover是周转的意思，具体是不是指 股票成分的变动，还有比率的变动也算在内？ 2.C选项可否举例说明？

05.单选题 已收藏 标记 纠错 The values of a price return index and a total return index consisting of identical equal-weighted dividend-paying equities will be equal: A The values of a price return index and a total return index consisting of identical equal-weighted dividend-paying equities will be equal only at inception. B Fundamental weighting requires an adjustment to the divisor after a stock split. C Proxies to measure unsystematic risk which is one of the uses of security market indices. 查看解析 上一题 下一题 正确答案A 您的答案A本题平均正确率：87% Price Weighting and Equal Weighting难度：一般 推荐：      答案解析 At inception, the values of the price return and total return versions of an index are equal. 问：我有一点较真，想明确一下 1.“consisting of identical equal-weighted dividend-paying equities”是不是只是total return的定语？2.如果是，它只是想强调一下total return这种方式是含股利的吗？3.还有 identical equal-weighted 这个在这句话里有什么意义？请逐次回答 谢谢

这道题课件上的公式是： （CFO+interest paid+taxes paid）/interest paid.为什么题不是按这个公式解

问：1.对冲基金的大概机构是什么样子的？2.幸存者偏差在对冲基金里的具体表现形式是什么样子？什么样的会被幸存下来？3.幸存者偏差和回填偏差最大的区别是不是：前者是不好的被动淘汰，后者是好的我主动放进来，理解是否正确？4.C选项 对冲基金是没有index可以参考的吗？如果我想知道我投的这只对冲基金的index，只能自己收集数据自己估算，所以不相似，是这个意思吗？请逐次回答，谢谢

问：B选项，大盘指数可以服务于关于一项新投资产品的基础，这块怎么理解？