105页第14题，这个expected return是e(r)，可以计算a.g/l 的啊，那不是影响pbo吗？

前面那个视频不是说Goodwill和REPUTATION不做摊销吗？

104页13题这个没有说是call option，为什么是expense上升，

老师，这里有点不太懂 例子里研究的是本币利率对资产和外汇的影响，呈正相关，这个可以理解。 但是这儿portfolio投资的不是外币资产嘛？ 如果foreign currency interest rate上升，那foreign currency bond return下降，而外币升值 foreign currency return上升，那不就是negative correlated了嘛？

b为啥不对

这道题虽然选对了但是还是不太明白为什么是REINVESTMENT RATIO

老师我这个哪里算错了？怎么答案不一样，，，，

14.单选题 收藏 标记 纠错 Which of the following is least consistent with good corporate governance? A Allowing shareowners the right to vote their shares by proxy. B Ensuring that a majority of the members of the audit committee are independent members of the Board. C Requiring a supermajority to pass shareowner resolutions and a simple majority to pass Board- or management-sponsored initiatives. 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：69% Corporate governance and ESG难度：容易 推荐：      答案解析 The ability of shareowners to propose corporate initiatives can "prevent erosion of shareowner value". However, forcing shareowner initiatives to pass by a supermajority rather than a simple majority places such initiatives at a disadvantage to Board- or management-sponsored initiatives if the latter require only a simple majority to pass. 问：C选项希望再解释一下？为什么股东决议要少数通过，而管理层和董事会的决议要多数通过？

老师 请问capital gain指的难道不是我现在卖出的市场价格和债券剩余未到期现金流折现之合之间的差额吗 持有到期债券是没有capital gain的吧

问：C中vendor是指小贩吗？有限的影响哪里说错了？