It establishes a value estimate based on pricing multiples derived from the acquisition

老师 能否辨析一下为什么statement1不对，APT没有这些假设？

我对毛租的理解是租户给基础租金，房东给一些经营费用。净租就是租户给一部分基础加一部分经营费用，所以基础租金费用是净租低吗因为分一部分出去了

请讲下57题 谢谢

麻烦讲解下这一题为何频率越低越适合客户？

老师请讲一下34题，题目里的99million完全没用嘛？不懂

Stark asks Parker to evaluate whether the common stock of Company D is undervalued, fairly valued, or overvalued based on a residual income model. Parker uses the two-stage residual income model to value Company D’s share. For her analysis, she assumes the following: l Current market price is $24.00. l Beginning book value per share is $20.00. l Earnings per share will be 32% of beginning book value for the next year. l Cash dividends will be 50% of earnings per share for the next year. l At the end of the year, the stock's P/B ratio will be 1.1. l Required rate of return on equity is 10%.

老师 风险归因这一页 听的不是很明白，能否再讲一下？ 能否再举例一下题目？ 看到这一页的题目比较多

能否换一个能理解讲明白自己不糊涂的助教来解答一下 1.CDS偿付的顺序为什么是信用水平低的债券违约，信用水平更高的也会一起违约，进行偿付，还是说这里只是cds的条款将高等级的视为违约以保护购买方 2. 违约和破产有区别吗 这里credit event不是单纯违约吗

请问老师这幅图的横坐标是r，纵坐标是价格吗？