所有的reits都会收到经济因素的影响啊，为什么要选a

请教，Fk指的就是每个factor吗

ffo是cf的概念为什么还要减去noncash rent

这个试错法的过程具体是怎样的？原理是什么？

RE32课后题第1题问题B，在计算value of overall position时，为什么不用equity 头寸的value加上future contract头寸的value计算而是用equity头寸的value加上future position的profit来计算？即为什么不是175000000*（1+5.1%）+422*111500？感谢老师解答。

国内为什么要鼓励大家在新三板上牌上市，虽然交易额为0？

risks in infrastructure investing are most likely greatest when the project involves A construction of infrastructure assets B investment in existing infrastructure assets C investing in assets that will be leased back to a government

Ash Lawn Partners,a fund of hedge funds ,has the following fee structure: 2/20 underlying fund fees with incentive fees calculated independently Ash Lawn fees are calculated net of all underlying fund fees 1%management fee (based on year-end market value) 10%incentive fee calculated net of management fee the fund and all underlying funds have no hurdle rate or high-water mark fee conditions in the latest year,Ash Lawn's fund value increased from$100 million to $133 million before deduction of management and incentive fees of the fund or underlying funds.based on the information provided,the total fee earned by all funds in the aggregate is closest to A 11.85 B 12.75 C 12.87 为什么是两笔费？

a hedge fund has the following fee structure annual management fee based on year-end AUM 2% incentive fee 20% hurdle rate before incentive fee collection starts 4% current high-water mark 610 million the fund has a value of $ 583.1 million at the beginning of the year.after one year,it has a value of $642 million before fees.the net return to an investor for this year is closest to A 6.72% B 6.80% C 7.64 老师，high water 这块的计算没理解，为什么要610*（1+4%），为什么还要是1+4%

如图所示，为什么这里算risk premium不是减去risk-free rate，而是除？ (2018版教材 Reading41 课后习题 13, 14)