明明是含权，为什么要记成提出权利后的SPREAD?

老师，你好，如图这个题目中，如果A new buy limit order is placed for 300 shares at Y123.3，请问是make a new market 吗？

老师，这题的receive floating怎么理解成borrower ？还有lender是怎么表述的？

在monetize concentration assets里面解决方法有一个option（forward conversion）请问这个词定义是什么，是不是就是buy put sell call？

02.单选题 收藏 标记 纠错 Which of the following statements about the call feature is least accurate? The: A call feature lengthens the bond's duration, increasing price risk. B call feature exposes investors to additional reinvestment rate risk. C call feature reduces the bond's capital appreciation potential. 问：这题解释一大堆，说到了duration。不用duration的理论，光想那个图 判断price risk A就能选出来了。我想问的是 这里的分级是 难题 这里的分级是什么标准，是协会的标准还是看 标准答案的长度分的？还是这是mock题 按题原 出处 分的？题目级别如果划分的？

01.单选题 已收藏 标记 纠错 Compared with fully amortized bond, the coupon payments of a similar partially amortized bond are: A Lower or equal. B Equal. C Higher or equal. 查看解析 下一题 正确答案C 您的答案C本题平均正确率：50% Principal repayment strcutures难度：困难 推荐：      答案解析 Except at maturity, the principal repayments are lower for a partially amortized bond than for an otherwise similar fully amortized bond. Consequently, the principal amounts outstanding and, therefore, the amounts of interest payments are higher for a partially amortized bond than for a fully amortized bond, all else equal. The only exception is the first interest payment, which is the same for both repayment structures. This is because no principal repayment has been made by the time the first coupon is paid. 问：是不是应该是除了到期日 也就是最后一笔 两边本金都还完了，即（coupon是0 ？）会相等？最后一笔的coupon到底是不是0，最后一遍的coupon怎么算的？

问：这种题分析了好久，请问是真题还是mock题？感觉即使做出来性价比也不是很值？如果在考试中分别出哪些题一秒钟能做出来，那些题需要概念很清晰 一点不差的推出来（即使是定性题）？

问：第三个 MBS的抵押物究竟是 房屋贷款 还是房子本身？

视频13分10秒处，讲到B/S表中负债的C.S.C于I/S表中的C.S.C相互抵消，也就是如果当期产生了100的C.S.C，那么在B/S的L科目中记下+100，但是在I/S表中记-100最终归入R/E才能抵消吧。

若在第三年进入一个新的SWAP 则乘以B1加B2加B3加B4，因为是站在三时刻，这里的B1是不是和题目中给出的B1不一样？