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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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06.单选题 收藏 标记 纠错 In practice, both a fixed parity regime and a target zone regime allow the exchange rate to float within a band around the parity level. Themost likely rationale for the band is that the band allows the monetary authority to: A be less active in the currency market. B earn a spread on its currency transactions. C exercise more discretion in monetary policy. 老师,麻烦帮我解析下这道题
查看试题 已回答Which one of the following statements about the covariance of returns for stock A and stock B is least likely accurate? A A Covariance ranges from negative infinity to positive infinity. B The covariance of return for stock A Ra with itself is equal to the standard deviation of Ra. C The covariance of returns for two stocks will be negative if the actual return on stock A is below its expected return, while the actual return on stock B is above its expected return at the same time. 老师您好,帮忙解析下这道题,这道题没读懂
查看试题 已回答15.单选题 收藏 标记 纠错 The manager of a pension fund determines that during the past five years 85 percent of the stocks in the portfolio have paid a dividend and 40 percent of the stocks have announced a stock split. If 95 percent of the stocks have paid a dividend and/or announced a stock split, the joint probability of a stock paying a dividend and announcing a stock split is closest to:
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
