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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:2462提问数量:55660
这道题算股利回报率,可以直接将股利除以价格,d=0.65,上一道题算出来P=17.47,所以DPS=D/P=0.65/17.47=3.72%,与B选项里的3.85%不相符,请问我这种算法错在哪里?
请解释一下expectation model 和no-arbitrage model 的区别,虽说expectation model 可以用来计算,结果和no-arbitrage model 也是一样的,但是这两个model之间是不是还有一定的本质区别?
已回答第一题中也没用指明是single-name CDS呀?不是只有single-name CDS才遵循pari passu吗?老师课上讲的physical 和 cash settlement完全没有提到这些啊
查看试题 已回答第四小题,关于vc mthod的NOI,这里是当做公司整体equity的回报来计算的,并不是以vc退出时的价值/期初投入的investment价值来算的。请问,所有题目中NOI都可以这么用吗,还是说vc的NOI就一直恒等于公司整体的Return?
查看试题 已解决第三小题,“Fond du Lac, has been in business for more than 100 years and has developed sophisticated pricing models. Currently, their models predict that the price of corn is poised to more than double in the next six months. Fond du Lac has purchased a large amount of corn in the spot market and has taken delivery at its storage facilities. When the price increase occurs, they intend to sell the corn in the spot market.”这不是典型的speculator吗?为啥选套利者?
查看试题 已回答精品问答
- Q3:解析里面Team Purple’s conclusion (the externalities associated with human capital is the most important determinant in predicting the occurence of convergence) implies that the production function is a straight line, and is compatible with non-convergence.这段话中 externalities associated with human capital具体是什么?怎么得到the production function is a straight line这个结论呢?
- 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




