你好，关于LBO杆杆收购，课上例子，硕自有资金回报率，2个亿，自有资金，8个亿贷款，行价值由10个亿到12个亿，自有资金回报100%，但是这个银行贷款利息谁负责，不可能标的公司日常帮忙付利息吧，那这个资金成本没有扣，如何算资金回报率呢，

Which of the following is not a limitation of the cyclical/non-cyclical descriptive approach to classifying companies? A A cyclical company may have a growth component in it. B Business-cycle sensitivity is a discrete phenomenon rather than a continuous spectrum. C A global company can experience economic expansion in one part of the world while experiencing recession in another part. 听不清，

12.单选题 收藏 标记 纠错 An equity fund manager is considering a market index as benchmark for his portfolio and he has the following preferences: The index should have a contrarian “effect”; Shares held by controlling shareholders should not be excluded; Dividends should be included in the weighting of constituent securities; Which of the following weightings of indices best meets the fund manager’s preferences? A Equal weighting. B Fundamental weighting. C Float-adjusted market-capitalization weighting. 这个不会

In which of the following life-cycle phases are price wars most likely to be absent? A Mature. B Decline. C Growth. 这个题为什么是C？ 为啥不是成熟期，成熟期都稳定了哪里来的价格战？

18页的三个tax strategy的分类不太明白 1. tax avoidance是用TEA时的分类吗？就是能够做到tax-free程度的就是tax avoidance？ 2. tax reduction：是购买有税收优惠的asset class吗？只要能降低就属于这项？

In which of the following industries are technological factors least likely a significant influence? A Oil services. B Confections. C Pharmaceuticals. 老师您好，我清楚地记得这个题在网课的时候，老师说选择A，然而这个是B

不是按照historical value计价的吗 为什么不选b呢

optimal portfolio不是EF和IC的切点吗？怎么变成CAL和IC的切点了？

c选项的分类能举几个例子么 什么是按流动性在分类

请问怎么推断case5中主人公的父母有同样付费呢？