哪儿写了indexshi250m？

这里保险公司的debt investment是啥，为什么涉及prepayment penalties?

这里liablities rise by 1.5%不是变化率吗，应该是Δr吧，可以直接代入为rl?

能不能解释一下段 Rising current account balances tend to be associated with rising required returns (and therefore falling asset prices), and increased capital flows to the deficit country to fund its deficit. Capital flows also influence currencies.

When the economy is at the trough of the business cycle, equities perform well, and valuation ratios and earnings growth are expected to increase. The analyst could also use the Grinold- Kroner model to compute the required equity risk premium and increase the portfolio’s equity weights. At this stage, the yield curve is steep with high credit and term premiums. The expectation of rising interest rates means that bonds tend to underperform, and the analyst should reduce the portfolio’s bond allocation. 能不能解释一下这段话？equity表现好的时候为什么bond表现差

可以解释一下什么是variable life policies吗，为什么是投保人承担投资风险？

你不能解释一下这段的原因？ 谢谢 As markets become more integrated globally, required returns will fall. We saw this relationship in the Singer-Terhaar model. The analyst should increase allocations towards emerging markets that are expected to see increased integration, and away from those markets that are already highly integrated.

这里老师讲小银行的流行性需求更低，和书上说的不一致啊，书上不是说商业银行的资金成本更好，流动性更低？哪个对

冲刺笔记上第134页的例题，step 2：为什么获得新的基准利率不能用线性插补法？：（7.96-7)*(1.77%-1.43%)/(9.88-7)+1.53% = 1.64%? 而是要用2个bond合成？

笔记127页的2个图要怎么解释？1）左图：更陡峭的长端是高利率，所以投高利率，借入低利率？怎么匹配lend和borrow呢？2）右图：为什么更陡峭的长端要receive fixed？怎么匹配receive和pay？fixed和floating？