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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:2435提问数量:55496
问题的表格信息如图 Q. The performance attribution in Exhibit 1 most likely shows that: A. Fund 1 added value through asset allocation, and Fund 2 added value through security selection. B. Fund 1 added value through security selection and asset allocation. C. Fund 2 underperformed through asset allocation. 老师请解释下这个C为什么错? 他是什么意思呢 C is incorrect because although Balanced Fund 1 did add value through security selection, Balanced Fund 2 underperformed both the equity and bond benchmarks. 谢谢
接着上一个问题 解释是: Solution A is correct. Morgan’s recommendations to implement a trade that steepens the yield curve in the midst of the recession is consistent with the economic cycle. The yield curve typically steepens when the economy is in recession. But given that value stocks are likely to outperform growth stocks and that small-cap stocks are likely to outperform large-cap stocks in the immediate aftermath of a recession, Morgan’s recommendation regarding growth equities is less likely to succeed. C is incorrect because large cap stocks tend to outperform going into and during a recession, but small cap stocks tend to outperform coming out of a recession. B is incorrect because yield curves tend to steepen during a recession, so the recommendation to implement a yield curve steepening trade now is consistent with the economic cycle. 请老师解释下A正确的那一段话, 看不太懂... 谢谢!
已解决精品问答
- Growth due to capital deepening 是αΔK/K还是ΔK/K
- 请老师讲解一下这个题目
- 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?
- 很迷惑到底是long call+ short stock还是long stock+short call构建无风险资产
- 这道题可不可以用算出来的fpa除以0.9算出的价格和125比较,得出的差额是套利的利润?
- 不太明白为什么AI0 20 加上后 后面AIT 是减50, 为什么要重复计算0~T=2 这段的coupon?
- 第4题 讲义没有讲到,能在详细讲一下吗
- 这题为什么是选C?












