请问老师，图片中的题目怎么做的？看不懂答案~

By construction, the forward rates are the sequence of future one-period discount rates imbedded in the value of all swap tenors today. At the end of the first period, the current short-term (6-month) rate will drop out of the sequence. If the rest of the series remains the same—which is what it means for the curve to move to the forward rates—then the fixed side of every swap will increase in value by exactly the current short rate. Of course, that is the rate being paid on the floating side of the swaps, so each tenor breaks even. (Institute 140) Institute, CFA. 2019 CFA Program Curriculum Level III Volume 4. CFA Institute, 5/2018. VitalBook file. 老师您好！ Reading24P140页的案例最后一段， 1、这个break even怎么理解呀？ 2、书中说“then the fixed side of every swap will increase in value by exactly the current short rate”，在上文中increase in value不是33bp吗？难道应该是the current short rate—2.03%？实在不理解！ 谢谢老师的耐心！

算出来50.0013年取 50年 那如果算出来50.6年要取51年吗

怎么理解选项中的warrant 这个单词？为什么股票涨了，会收入高？

33&34不太理解

为什么finance lease的 debt/asset 也是上升呢？

为什么 finance lease current ration =CA/CL 是下降的？不是CA 和CL同时确认吗？ 为什么反而下降？

为什么finance lease 的EBIT 是高的？

数学听不懂，要怎么才能更好理解啊？

每个法条对应的是什么需要记忆吗？比如I（A）对应knowledge of the law