上面應計利息的公式是coupon乘以t/T，而57題是用ytm乘4月10日的現值，為啥會這樣？

老师您好，2015年的固定收益，请问这个考点均值复归分析，现在不考了吧？可以删除了吗？谢谢。

Q. Which of the following would Messer most likely conclude from the implied volatility data in Exhibit 2 if he excludes the effects of moneyness and time to expiration? Using out-of-the-money options to hedge is more expensive than establishing a long position with out-of-the-money options. Using out-of-the-money options to establish a long position is more expensive than establishing a short position using out-of-the-money options. Using out-of-the-money options to establish either long or short positions is more expensive than using at-the-money options. mockBmorning卷48题，请老师讲解下，没有思路。

reading36最后一个case的第33题，老师的讲解没有听懂。预期的股利是0.7，那threshold dividend 0.5是什么股利？conversion price是在合约里就签订好了的啊，还能调整？还是这里的conversion price实际上是market conversion price？

Q. Assuming rates change as described by Akron and based on Exhibit 3, the impact on the portfolio as outlined in Module 6 would be most likely be a loss in value from changes in: level and a loss from changes in steepness. level and a gain from changes in steepness. steepness and a gain from changes in curvature. 老师讲解下这道题怎么做，题干信息在截图，没有做题思路。

您好，2019mockB36题，这道题是为什么？

老师你好，请问是不是可以简单的认为所有的衍生产品都可以递延要交的税？

这里的express consent是什么意思？

股票指数中，由于幸存者偏差，表现不好的公司死掉，留下来的都是表现好的，那equity risk不应该是小吗?调整成将死掉的公司也考虑进来的话，risk不应该上调吗？那C怎么就不对了呢？

权益第25题，题目里说的诉讼费和收购费用都是和core EPS进行比较的，而且表格下面也写的清清楚楚的，core EPS里面的0.1的诉讼费和0.18的收购费用。如果调整加回去的话，应该是在core EPS的基础上进行调整吧。为啥老师直接是在EPS1.03的基础上直接加回0.1呢？我觉得应该是1.31加回0.1. 这题不明白，请老师解答，谢谢。