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？

问：A选项的 portfolio turnover可否用公式表示说明一下，或者我怎么理解其是升高而非reduce?

问：price-weighted不是要三只股票的股数相同吗？但是题目里的C是2000股，A,B各是300,怎么解释？

这里讲的这几种方法，CAPM等，是计算公司融资的成本吧？例题中需要计算cost of retained earnings，cost of capital和retained earning有什么关系呢？