老师，我觉得leverage，杠杆，还是不太理解其含义。到底什么是杠杆？【我以前一直以为是负债】 该视频里，老师说，leverage就是fixed cost？

怎么看出来这道题里面是公募基金的呀？

C is incorrect. A company does not necessarily raise more funds according to its target capital structure because of the economies of scale in raising new capital and market conditions. These short-run deviations are due to the "lumpiness" of security issuance. The marginal cost of capital may increase, reflecting these deviations. 这个解析啥意思？ The cost of additional funds from various sources rises as higher levels of financing are achieved. 这句话后半句看不懂， 来源不同地筹资成本增加，是随着更高地融资？

C is incorrect. A company does not necessarily raise more funds according to its target capital structure because of the economies of scale in raising new capital and market conditions. These short-run deviations are due to the "lumpiness" of security issuance. The marginal cost of capital may increase, reflecting these deviations. 这个解析啥意思

C is incorrect. A company does not necessarily raise more funds according to its target capital structure because of the economies of scale in raising new capital and market conditions. These short-run deviations are due to the "lumpiness" of security issuance. The marginal cost of capital may increase, reflecting these deviations. 这个解析啥意思

老师，这道题的讲解我没有听懂，能在给我解释一下吗？

老师，这道题不是问的是外汇市场买方的对手方（counterparty）吗？为什么选择C呢？

请问这道题A和B选项怎么区分呢

bank. overdraft 是什么

第7题，文章最后一段说是externally management alternative assets，是由外包的第三方来进行管理啊，和这个fund自己的manager他limited experience没有关系啊，用这个来判断不对吧