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？

老师您好，GIPS课后题中有一道（详见图片），我想知道问题中的“large cash flows methodology，assume 'large' is defined as greater than 5%”指的是什么？是暗示现金流足够大，需要在计算收益时考虑进去吗？谢谢。

请问老师，fair value model 与revaluation model有什么区别？

18.单选题 已收藏 标记 纠错 The most important LIBOR rate for funded investors is the: A 20 year rate. B 1 year or less rate. C 10 year rate. 上一题 下一题 正确答案B 您的答案C本题平均正确率：85% Coupon payment structures难度：一般 推荐：      答案解析 A funded investor is one who borrows to invest. These investors typically borrow short-term and the interest rate on their loan is typically short-term LIBOR plus a margin (e.g. LIBOR plus 30 basis points). funded investors 咋翻译？

11题，不懂…

老师，第三年违约概率不是这样算么？

03.单选题 收藏 标记 纠错 In a single-price bond auction, an investor who places a competitive bid and specifies a rate that is above the rate determined at auction will most likely: A not receive any bonds. B receive the bonds at the rate determined at auction. C Receive the bonds at the rate specified in the investor's competitive bid. 查看解析 上一题 提交试卷 正确答案A 您的答案B本题平均正确率：25% Primary and secondary market for bonds难度：困难 推荐：      答案解析 A is correct. In a single-price bond auction, a bidder that enters a competitive bid specifies the rate (yield) that is considered acceptable. If the rate specified in the competitive bid is above the coupon rate determined at auction, the investor will not be offered any securities. 问：国债拍卖竞价的模式，能否简单说明一下，难道不是价高者得？

请问老师，CV中的下方均值为什么是算术平均而不是加权平均