老师可不可以具体讲一讲截图中银行怎么应用integrated asset liability approach 在几个极端的场景下。 是在储蓄率很低，资产坏账率很高，等情况下，银行会相应的减少资产，或者调整相应负债的期限么？能具体讲讲吗。

老师，请问书本418页第十九题答案， carry trades are occasionally subject to panicked unwinds in stressed market conditions. When this occurs, position exit can be made more difficult by market illiquidity and higher trading costs (wider bid/offer spreads)这段什么意思？怎么理解？ return distributions are often negatively skewed, reflect-ing the higher event risk (panicked carry trade unwinds, currency pegs being re- set, etc.) associated with the carry trade扣号里的怎么解释？

在哪些精算假设改变的情况下，current service cost会发生改变？

请问，这里的Consensus expectations指的是什么呢？按照公式Ve-P=(V-P)- (Ve-V)，如果分析师的预期值是Ve，那么Consensus expectation难道指的是内在价值的实际值V吗？假如是这样的话，“... and be, on average, correct”的意思就应该是指，分析师所预测出的内在价值比实际的内在价值更准确了。这显然是不符合事实的。个人猜测，这里的Consensus expectations可能指的是市场参加者对内在价值的整体预期，而题目想说的是，分析师对内在价值所估算出的预期值会较市场参加者的整体预期更为准确吧？

老师，请问书本418页第十七题答案，but as a country with capital controls题目中没有提到，韩国也不是新兴国家，为什么会要用NDF?若考试中要怎么来判断？ Higher volatility would also make buy-ing a put option more expensive对于buying call option是否也是expensive？

老师，请问书本418页第十六题答案，Note that the risk of daily margin calls is not a feature of most for-wards contracts; nor is initial margin这里想要表达的是什么意思？和题目是不是意思反了？ Posting additional margin would typically not be a daily event, however, except in the case of extreme market moves怎么理解in the case of extreme market move？post margin是怎么回事？

第四个的real Em accounting em什么意思，第五个的不符合GAAP吗

资本化利息后 既然对income statement impact是none说明没有对I/S有影响，为何对Net Income是higher，如果让net income更高啦，那不就是对income statement impact有影响啦么？

老师好，我在资产负债表和利润表中哪些科目看oci和ci

Reading 29中的，第25题，如果公司提前记录了自己的revenue, 那么revenue应该会上升，公司的ar turnover会上升，days of outstanding会下降，本题为什么会选C呢？麻烦老师解释一下，谢谢。