经济过热政府干预政策应采取紧缩的货币政策，应该增加required reserves,但教材中写的是 decrease,是否有问题？还是我理解错误？谢谢老师

老师，你好，国债的还款资金来源是税收或者印钱，以本币计价的国债信用质量更高是因为万一真的没钱可以印钱，但是如果外汇储备不足则可能发生违约，但是有一个问题，外汇储备不足不可以用印出来的钱去换外币吗？

问：value effect中说 Return（value)>Return(growth),但是growth型的不是风险大嘛，所以伴随着收益也应该大啊，是不是说反了？

想问一下老师，这边ppt上写的E（I）和老师写的l^e是同一个东西吗。 个人感觉老师是不是写错了，应该R（nominal）=R（real）+I^e吧......

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？