you expect her to earn two-thirds of her tuition payment in scholarship mont,so youestimate that your payments will be 10000 a year for four years. to estimate whether you have set aside enough money,you ignore possible inflation in tuition payments and assume that you can earn 8 percent annually on your investments,how much should you set aside now to cover these payments

老师，课上讲了两次swaption，一样的吧。用black model公式计算也是将每一期赚的折回0就可以。就是定价对吧。

you are considering investing in two different instruments.the first instrument will pay nothing for three years,but then it will pay $20000 per year for four years.the second instrument will pay $20000 for three years and #30000 in the fourthyear. all payments are made at year-end .if your required rate of return on these investments in 8 percent annually,what should you be willing to pay for?我的问题是为什么计算时不是折现到零时间点？

请问 划线的这行，在IFERS下算入unusual items，是在operating profit后去减；在GAAP下，是属于operating items 是在gross profit后去减？是否正确？不对的话 请告知两个法则下 分别归属 谢谢。

组合，reading41原版书课后题第34题，截图是题干和答案。为什么资产1和2组合的风险是最大的，答案并没有讲清楚道理。请老师解释一下，谢谢！

第8题C选项是什么意思？

这里算STAGE2的时候，能不能用FCFE2016*（1+g）？用FCFE2017的数据和用2016*（1+g）的数值为什么不一样呢？FCFE2017算出来是3.75，而用FCFE2016*(1+g)算出来是3.12？

疑问

老师，option有一个晕的点…对option求定价是求premium（0时刻求期权的价值）对吧… 那对期权估值是t时刻求premium…都是premium啊… 估值就是内在价值s和X算 定价是二叉树和BSMmodel，BSMmodel其实也是用S，X算…就感觉一样…

这个非欺诈 是别人骗你 还是你骗别人呀？