02.单选题 已收藏 标记 纠错 According to the industry life-cycle model, an industry in the shakeout stage is best characterized as experiencing: A Increasing demand but falling prices. B Slowing growth and intense competition. C Little or no growth and industry consolidation. 查看解析 上一题 下一题 正确答案B 您的答案B本题平均正确率：77% Industry life cycle models难度：一般 推荐：      答案解析 The shakeout stage is usually characterized by slowing growth, intense competition, and declining profitability. During the shakeout stage, demand approaches market saturation levels because few new customers are left to enter the market. Competition is intense as growth becomes increasingly dependent on market share gains. 问：a为什么不对？

第9，14，18题

讲义里老师讲发行浮动利率是支出固定利率，收到浮动利率，这个题目是为什么？

请问老师点α，mc=mr,是利润最大化，同时又是breakeven point,这怎么理解啊

想问一下老师，这个题目为什么选A呢（数量reading10课后题29题），我记得上课好像没有讲到这个知识点。

10.单选题 收藏 标记 纠错 Industry analysis is least useful to those who are engaged in: A A top-down investment approach. B Portfolio performance attribution. C Indexing and passive investing strategies. 查看解析 上一题 下一题 正确答案C 您的答案C本题平均正确率：70% Current industry classification systems难度：一般 推荐：      答案解析 Indexing and passive investing strategies would not engage in over- or underweighting of industries, industry rotation, or timing investments in industries. Therefore, industry analysis is not useful to such investors or portfolio managers 问：C为何不相关，可否详细解释？

老师，纯浮动利率债券的value为什么等于par

老师，这个YTM计算咋按计算器啊…

这道题求考虑所有评级变化后加权平均的价格，考虑了A变成其他级别，为什么这个地方不把A级 债券违约的概率及价格也考虑进去？

老师请问这道题的答案要怎么理解呢，如果要出售或买入的货币不是base currency的话，要怎么看呢？谢谢