Since Farmco is thinly traded, Waters is concerned the order will overwhelm the liquidity of Farmco and the price will surge. Waters engages in a series of block trades in order to accomplish the purchase. 老师，我的理解这个意思不就是Waters想通过交易量控制价格吗？所以不应该是transaction-based吗？

最后的问题有三个option是不是没法用combination算呀？计算器应该要怎么按呢？

请问一下 5个stock选3个，顺序不重要的话有 5P3=5!/(2!*3!)种方法 那5个stock选2个，顺序不重要的话有5P2=5!/(3!*2!)种方法 得到的式子是一样的？ 但是算出来是不一样的呀

C说企业税多了，那么成本上升总供给减小AS曲线左移为什么不对呢？

A答案如果是宽松的政策是不是就对了？

为什么左移后长期还会移回来

老师，第四题没看懂翻译是啥意思

Which of the following statements clearly conflicts with the recommended procedures for compliance presented in the CFA Institute Standards of Practice Handbook? A Firms should disclose to clients the personal investing policies and procedures established for their employees. B Prior approval must be obtained for the personal investment transactions of all employees. C For confidentiality reasons, personal transactions and holdings should not be reported to employers unless mandated by regulatory organizations. 老师，您好，麻烦把这道题给讲解下，看不懂且不明白

第三个分录没看明白

老师讲1+HPR是本利和我不太懂呢，还有最后的减去1 不理解呢