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CFA二级
包含CFA二级传统在线课程、通关课程及试题相关提问答疑;
专场人数:2460提问数量:55630
reading36最后一个case的第33题,老师的讲解没有听懂。预期的股利是0.7,那threshold dividend 0.5是什么股利?conversion price是在合约里就签订好了的啊,还能调整?还是这里的conversion price实际上是market conversion price?
Q. Assuming rates change as described by Akron and based on Exhibit 3, the impact on the portfolio as outlined in Module 6 would be most likely be a loss in value from changes in: level and a loss from changes in steepness. level and a gain from changes in steepness. steepness and a gain from changes in curvature. 老师讲解下这道题怎么做,题干信息在截图,没有做题思路。
权益第25题,题目里说的诉讼费和收购费用都是和core EPS进行比较的,而且表格下面也写的清清楚楚的,core EPS里面的0.1的诉讼费和0.18的收购费用。如果调整加回去的话,应该是在core EPS的基础上进行调整吧。为啥老师直接是在EPS1.03的基础上直接加回0.1呢?我觉得应该是1.31加回0.1. 这题不明白,请老师解答,谢谢。
已回答Q. The most appropriate conclusion that follows from the result of the Engle–Granger test is that the two time series are: cointegrated and tests of the estimates of the intercept and slope are thus valid. not cointegrated and tests of the estimates of the intercept and slope are thus valid. cointegrated and tests of the estimates of the intercept and slope are thus not valid. 题干相关见附件,这道题麻烦老师讲解下,没有思路。 条件error term has a unit root说明了啥啊?。。。
精品问答
- Growth due to capital deepening 是αΔK/K还是ΔK/K
- 这题为什么是选C?
- 请老师讲解一下这个题目
- 老师,第二题可以在解释一下原理吗?
- 老师,第三题答案的意思是:1.因为宽松的货币政策,导致加元利率下跌,导致加元贬值?2.但是,如果利率下跌,也就是分母上的百分比下降,不是会导致价格上升吗?。3.从而短期看是depreciation,但是长期来看,会回归到均值,所以是appreciation?
- CDS的long和short是不是反过来的?就是long CDS代表看涨目标公司credit,所以是卖出一份CDS合约?
- 很迷惑到底是long call+ short stock还是long stock+short call构建无风险资产
- 为啥accrued interest over contract life是0?











