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CFA一级
包含CFA一级传统在线课程、通关课程及试题相关提问答疑;
专场人数:6085提问数量:109940
根据本页PPT讲解的representativeness bias知识点,我的提问是:书P195-Example 4-Exhibit 16的哪些数据,可以得出答案中的这个结论 though they are substantially higher than the past five years of profitability for Rémy itself. 截图中另一句标黄的结论,是通过表格中的哪些数据得出的结论?Remy management’s objective of 33 percent operating margin in 2030 appears high relative to those of its peers; only one company, Brown Forman, has achieved that level of profitability, on annual revenues ~3.0× that of Remy.
根据本页PPT讲解的representatiness bias知识点,我的提问是:书P195-Example 4-Exhibit 16的哪些数据,可以得出答案中的这个结论 though they are substantially higher than the past five years of profitability for Rémy itself. 截图中另一句标黄的结论,是通过表格中的哪些数据得出的结论?Remy management’s objective of 33 percent operating margin in 2030 appears high relative to those of its peers; only one company, Brown Forman, has achieved that level of profitability, on annual revenues ~3.0× that of Remy.
根据本页PPT的illusion of control知识点的讲解,我的提问是:书P192-Example 2-这道例题,没看明白,第一段写着does not disclose segment revenue by geographic region, nor does it disclose revenue by sales channel,即:不按地理区域披露分部收入,也不按销售渠道披露分部收入。但是当中一段又说build a revenue model in which each segment is broken out into geographic regions and sales channels? 怎么又需要把分部拆分为geographic region和sales channel了?
根据PPT的讲解,我的提问是:书P191-Example 1, 为什么这种强劲增长,是由 a high level of reinvestment in sales and marketing costs and aged cognac inventory所支持的?再投资水平很高,怎么看出来的?营销成本的再投资水平很高,什么意思?还有aged cognac inventory陈年干邑库存,又是怎么看出来的?
精品问答
- 为什么半年付息 算ytm是乘以2 而年化的麦考利久期是除以2
- m上升 EAR为什么上升 以及为什么又不变
- 前面在讲Aggregate demand curve的时候说,价格上涨使消费下降,而这里又说价格下降消费变少,为什么存在矛盾?
- 对于老师讲的这部分,1. 我理解FRA的Payoff始终等于利率期货的Payoff部分进行折现(除以1个大于1的数),也就是说,FRA的Payoff的变动幅度 应该 始终小于利率期货的变动幅度。2. 至于是涨多跌少,还是涨少跌多,其实MRR在分母上,可以根据1/x的曲线特点来理解,无非就是MRR上升时1/(1+MRR)的变动幅度 小于 MRR下降时1/(1+MRR)的变动幅度,所以如果MRR上升时,Payoff是上升的,那么就是涨少跌多,如果MRR上升时,Payoff是下降的,那就是涨多跌少。以上2点,我理解的对吗?
- 不懂这里为什么新固定利息与老固定利息的差值折现到1时刻就是1时刻的value,为什么只考虑下半边支出的部分,不考虑付息收到的部分
- 如果IC和CAL线的切点在后半段呢,就是比和有效前沿的切点更高呢,不是后面无风险资产权重为0吗,为什么说一定有无风险资产呢
- Effective duration和Effective convexiy的公式为什么不用modified duration和convexity的原本公式,而是和他们的近似的久期和突性的公式一致?
- 为什么长期垄断竞争中 D和ATC相切

















