terminal时刻 营运资本可以收回？不太理解

这句话如何理解？

为什么不能选C，坚持不改？

为什么要考察外部基金经理是否追随了既定的投资策略？某个基金经理的投资策略一旦定下来后就不能改了吗？

第9题为什么comment1是正确的

什么是一级求导

为什么MP=0,TPmax？,明明MP>0s时，TP不断上升

在练习题第九题：题目开头是：Bobby Lee is an equity analyst for the US investment management firm Larocque & Frères. Larocque & Frères has a substantial ownership stake in Skylark Industries, a US-based company that operates in several business segments related to defense. 第六个单选题：Given Skylark's current capital structure and Miller's assumption about the dividend's effect on the cost of equity, initiating a dividend will result in a price-to-earnings multiple closest to: The Gordon growth model can be used to calculate the P/E as the payout ratio divided by the difference between cost of equity and growth. In this case, the payout ratio would be 50%, cost of equity would drop from the current 10% (see table) to 9%, and the growth rate is 7%. The leading P/E is 0.5/(0.09 – 0.07) = 25×. 这个答题解析中的0.09是怎么来的呢？

为什么Ln A =0?

在讲uncovered IRP时讲到利率高的国家货币会贬值，但在第二张图和第三张图时为什么又是利率高的货币升值