请问老师这张图，从左到右是不是也是阿尔法从0到1的过程？还是说每有一个阿尔法，就会有这样一张图，只不过a越小，曲线凸度越大，a越大凸度越小越平滑呢？

请问i（b）讲不能参加ipo的超额认购，到底是违反独立客观，还是客户的利益，还是都违反? 另外，关于i（a）如果a地说听b地的政策，是比较b地和code谁严格，还是a地，b地和code三者谁严格?

习题Connor Wagener 中的第四题Assume an emerging market (EM) country has restrictive monetary and fiscal policies under low capital mobility conditions. Are these     policies likely to lead to currency appreciation, currency depreciation, or to have no impact?  解析 The currency is likely to appreciate. The emerging market country has both a restrictive monetary policy and restrictive fiscal policy under conditions of low capital mobility. Low capital mobility indicates that interest rate changes induced by monetary and fiscal policy will not cause large changes in capital flows. Implementation of restrictive policies should result in an improvement in the trade balance, which will result in currency appreciation. 不是说在low mobility 下 restrict both monetary 和 fiscal 产生是undetermined 因为restrict monetary 导致升值,restrict fiscal 导致贬值。 但这里得答案是升值，麻烦解释一下。谢谢。

请问科目测试题怎样下载？想打印出来做。

课后题47-51里面，48题为啥选A，我选了C，不了解多因素模型就让删掉这个合理吗？49题为啥也选A，我还是选的C，让删掉就删掉这样没问题吗。。。

30题答案选C，我错选了B，这个题应该是挺简单能判断违反的，但是违反的理由请解释。

14题答案是B，错选了C。题干里面有说this information is not of value in managing the Jones Corporation account, it does help in managing several other accounts.，难道这点不违反吗？

13题错选了A，答案是C。在影响其他客户的基础上为啥还可以接受？

第二题，为何是考虑a*o%k一个整体的数值选大的？资本深化是指k变化对于y的影响，根据第一个公式变形，0%y=0%A+a0%k，应该是比较a的大小吧？

为什么呢？如何理解，接近0递减越快，接近1递减越慢