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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;
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老师说付费的portfolio一定要放在composite里,什么proftolio不用付费呀?题目会直接说unpaid吗?还是其他情况? 然后在不遵守GIPS的情况下,付费的profolio也一定要放在composite里面吗?
已回答Massimo Conti, CFA, is a portfolio manager in an investment company. Conti institutes a new policy stating that the clients who are willing to pay additional fee will have their accounts executed earlier than other clients. He disclose this policy to all existing and potential clients. Did Conti most likely violate any CFA Institute Standards of Professional Conduct? A Yes, related to Fair Dealing. B Yes, related to Communication with Clients. C No. 老师这题不理解,公平不是平等的意思吧?那么付费的人优先享受服务是没问题的吧?如果我理解错了的话,能请您给举一两个满足公平但不平等的例子么?我这块理解起来很生涩没有实际案例支撑。谢谢老师了
查看试题 已回答Charlotte BILLO, a junior analyst in a regional brokerage firm, overheard three senior managers of a large listed company talking about a staff restructuring plan while she was waiting for her flight. The managers determined those who would be dismissed. Charlotte could not remember the names but was sure that they were just ordinary employees. After returning from her journey, she made a thorough research on the company and found that the company was likely to shut down a plant situated in her local town because of a great loss on a new product line. She launched immediately a recommendation Sell on the stock. Did she comply with the Standards? AYes, because the recommendation was based on mosaic theory and she made a diligent research. BNo, because she did not reach her conclusion on a reasonable basis because she did not remember the names of those who would be dismissed. CNo, because she took advantage of non-public material information. 老师,目标公司由于新生产线巨大亏损而关闭了,裁员已经不是什么重大非公开信息了吧?
查看试题 已回答精品问答
- 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?
- 为什么B选项要考虑借股还股?而A选项没有考虑借钱买然后还钱?可以都不考虑吗?还是借股还股一定要在这个流程中体现?
- 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
- 老师好,官网这道题我有点没太懂,麻烦讲解
- 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
- 老师您好!这个需要掌握吗?谢谢
- 为什么不是C选项呢?credit risk是由于借款人违约未能偿还而使债权人遭受损失的风险;solvency risk是由于自己财务状况不佳而无法偿还到期债务的风险。二者紧密相连
- 是不是只有在市场均衡点,才是社会总福利不损失的点? 偏离市场均衡点,社会总福利都会损失? 因为要么生产过剩,要么就是总供给不足. 另外,为什么只有在完全竞争市场中才能实现社会总福利最优,才能有市场均衡点? 在其他各类市场中,不是需求供给需求也是有的吗?他们的均衡点难道不是市场均衡点吗? 在那个点声场不是可以实现社会总福利最优吗? 这点不是很清楚,老师可以画图说明下. 另外, 对于一级价格歧视这种,它又是怎么实现社会总福利不损失的,这时候的需求曲线和供给曲线是什么样的?和完全竞争市场不同吗
