老师这道题，一直就有疑惑，题目求的是arbitrage profit on the bond futures contract, 那为什么不是用调整后的QBP/CF得到QFP，然后与125比较。而是把QFP转成了QBP与调整后的QBP比较。它不是让求的是bond futures contract 的套利利润吗？

定量的计算，是将成本资本化？定性是费用化？

为什么不用乘forecasted eps growth rate？？

请问老师 forward futures swap 以及option 期初和期末分别有没有price和value 请问有详细的图表总结吗？我这里的题错好多好多了 很混乱 求赐教

第59题，在美国准则和国际准则下，B/S中是不是classified下，流动资产和非流动资产谁先谁后都可以？

老师，能否详细解释一下Mosaic Theory?The analyst may use significant conclusions derived from the analysis of public and nonmaterial nonpublic information as the basis for investment recommendations and decisions even if those conclusions would have been material inside information had they been communicated directly to the analyst by a company. Under the “mosaic theory,” financial analysts are free to act on this collection, or mosaic, of information without risking violation. 这句话一直不太理解，什么叫if it had been communicated directly with analysts?

这种算法算出来的数字全是负数，减值最少是不减，也就是零，怎么会减值减出负数呢

第44题没太看明白b选项，能解释一下吗？谢谢

33题为什么callable z spread大于oas，putable z spread小于oas

29题在midcycle为什么不能用current EPS计算？如果行业是周期性的，是不是不管在哪个周期都要用average ROE计算？