对于垃圾债来说，收股票影响大，那么利率不会变化大么？没听明白利率这一块

老师，您帮看看，这个营业利润是怎么算出来的？怎么算都不对啊，按照讲课内容，营业利润=营业收入-营业成本-营业费用-管理费用 那应该是19.96亿，怎么会是166.08亿啊，还差的那么多，哪里有问题么？

你好，老师 为什么payout ratio ＝DPS/EPS EPS＝NI吗？ 谢谢

老师，还是刚才问的那道题，如果f等于ap这个带入后怎么算的呢

老师，这道题讲解没看懂，就是ap 和f等于1000p是怎么推导出来的，还有就是这两个方法怎么解这道题的呢，谢谢

老师讲义中的图中，有一个INFLATION GAP，为什么A选项不能理解为一个INFLATION GAP

FC/DC下降，这里的FC,DC分别表示什么？不太看得懂这样子表示的汇率，请老师讲一下，谢谢

Shortly after becoming employed by Valco & Co., an investment banking firm, Stan McDowell, CFA, learns that most of Valco's initial public offerings (IPO) are really affected in order to profit management via price manipulation of the shares. McDowell observes an illegal act, sanctioned by senior management, in progress and refuses to sign off on his responsibility. Instead, McDowell takes the documentation to his supervisor and tells him he should sign it in his place. This action is: A an overreaction. Senior management's sanctioning of the act absolves McDowell from his ordinary responsibility as a CFA Institute member. B a suitable reaction, and he is in compliance with the Code and Standards. C a violation of the Code and Standards since he is required not to knowingly participate or assist in such an act. 老师不好意思 ，麻烦在解析并帮着分析下这道题，搞不懂

为什么r上升 fair value下降

Under the revaluation model for property, plant, and equipment and the fair model for investment property: A fair value of the asset must be able to be measured reliably. B net income is affected by all changes in the fair value of the asset. C net income is never affected if the asset increases in value from its carrying amount. 上一题 下一题 ?正确答案A 您的答案C本题平均正确率：60% ?Investment Property难度：一般 推荐： ? ? ? ? ? 答案解析 Under both the revaluation model for property, plant, and equipment and the fair model for investment property, the asset's fair value must be able to be measured reliably. Under the fair value model, net income is affected by all changes in the asset's fair value. Under the revaluation model, any increase in an asset's value to the extent that it reverses a previous revaluation decrease will be recognized on the income statement and increase net income. 请问： 1.这道题小视频里没有讲完，请问B,C选项的可否再进一步解释一下？和我发的截屏有无关联？2.***老师的这张图中：GAAP注明投资性房地产被认作长期资产，但是IFRS下投资性房地产算存还是长期资产？