没有听懂解析里说的。

Which of the following is the least accurate statement about the short sale of stocks? A The short seller must pay all dividends or interest to the lender of shares. B Short sales involve time limits for returning the shares borrowed to the lender. C A short sale can be made only on an uptick or a zero uptick trade if the previous trade was an uptick trade. 查看解析 上一题 下一题 正确答案B 您的答案C本题平均正确率：37% Positions taken in an asset难度：一般 推荐：      答案解析 Short sales have no time limits. However, if the lender of shares decides to sell them, the broker must find another investor willing to lend the shares. 问：C选项报升可否举例简单解释，视频听不清楚 声音太小。

11.单选题 收藏 标记 纠错 A university endowment fund is mandated to hold some of its value in alternative investments. Which of the following would most likely be included in the fund's alternative investments portfolio? A Convertible preferred shares B Exchange-traded funds C Real estate securities 查看解析 上一题 下一题 正确答案C 您的答案C本题平均正确率：74% Classification of assets难度：一般 推荐：      答案解析 Real estate securities qualify as alternative investments. 问：1.传统资产大类是分为：股，債，基，和现金理财类吗？2.ETF算股票还是算基金？为什么说B算在equtiy里面，不是fund吗？

A basket of listed depository receipts, or an exchange-traded fund, would most likely be used for: A Gaining exposure to a single equity. B Hedging exposure to a single equity. C Gaining exposure to multiple equities. 查看解析 上一题 下一题 正确答案C 您的答案B本题平均正确率：72% Classification of assets难度：一般 推荐：      答案解析 An ETF is used to gain exposure to a basket of securities (equity, fixed income, commodity futures, etc.). 问： 1.一篮子，不是分散么，所以应该是对冲掉风险敞口，为什么是gain 增加？ 2.声音实在太小，已经戴耳机 开最大音量，仍然听不清，望改进。

liquidity premium.流动性溢价。答案A听不懂，烦请解释下，谢谢。

老师，您好！请问这道题15%并没有标准的annual interest rate,而是说compund mothly,难道不是月息,按月复利么？

投资收益率不应该是总收益除以总投资，总收益听懂了，总投资为什么只算了起初的，不算第二次的手续费呢？

报升原则麻烦再讲一遍，谢谢

减少出口，难道不是意味着国内生产厂家缩小生产规模？生产规模缩小了，不是没人愿意投资了？按道理说，应该投资也会下降啊？

因为题干出现"has a large percentage of his net worth"，我的理解是在选项同时出现disclosure和assign another analyst时，后者应更好。请问如何理解？