老师好，这题的A选项，为什么是Politics而不是Competitiveness呀 In reviewing Countries B and C, Bader’s research assistant comments that emerging markets are especially risky owing to issues related to politics, competition, and accounting standards. As an example, Bader and her assistant discuss the risk implications of the following information related to Country B: *Experiencing declining per capita income *Expected to continue its persistent current account deficit below 2% of GDP *Transitioning to International Financial Reporting Standards, with full convergence scheduled to be completed within two years Q. Based only on the emerging markets discussion, developments in which of the following areas most likely signal increasing risk for Country B’s equity market? A Politics B Competitiveness C Accounting standards 答案选了A我选了B。A is correct. Per capita income for Country B has been falling, which is a potential source of political stress.

receiver swaption为什么可以增加convexity

老师，这一题为什么选A呢？答案图表中的32和149是怎么算出来的

老师，你好，原版书reading 18中的example 2中的第四问，问的alpha是指active return还是公司中的分项小？,这个题目能否解答下？

老师，官网这题为什么选scale，题目说最不受影响的，这是小规模，不应该是受影响吗？答案没看懂

计算低评级债券spread对价格的影响时，直接用DeltaSpread/spread再乘以DTS就可以了吗？不需要再考虑convexity了吗？

想请问一下机考后上午题大概会有几个case和几个问题？

已知组合中每个债券的凸性，求债券组合的凸性，怎么求？我看课后题中有过这种计算，按债券的权重进行加权吗？

老师，官网题的答案计算写错了吧？153应该是135？

请问第8题到底是什么意思？