为什么all assets in the market 是market-portfolio?

想让您解释一下Reading23，课后题第27题，在答案的解释中，stock valve would increase，这里的sotck value指的是它的intrinsic value吗？提高是因为g的高增长比之前长，即公司高速发展的阶段比之前要长，stock value提升吗？第二，答案中说，terminal valve⋯later point pv would smaller，这是为什么呢？可以从公式的角度去解释吗？可以推演一下second approach（A选项）吗？这里答案说intrinsic valve变大，我可以通过“因为股利高增长阶段时常比以前常”这样得出结论吗？這裡如何算intrinsic value呢？答案说用approach1股价会更加undervalue是什么原因呢？

Renee Robinson, CFA, an independent contractor, acts as chief compliance officer for multiple firms, where she is responsible for overseeing adherence to security laws, firm policies, and the CFA Institute Standards of Professional Conduct. Robinson works remotely and determines her own hours. Her signed agreement with each firm outlines her responsibilities and discloses the potential conflicts of interest due to having multiple clients in the same role and industry. Is Robinson most likely in violation of any CFA Institute Standard of Professional Conduct?

框和划线部分怎么翻译呢，ABC三个选项分别什么意思

刀切法抽出来的结果一样，什么意思？

老师，麻烦解释下这题

老师，麻烦解释下这个case的第22题，谢谢

为什么外国债和外汇的相关性更高？

这道题第一句的decrease表达的意思是如：10D/F变成5D/F吗？所以本币升值？绿色方框内S是即期汇率吗？即期汇率和远期汇率都是名义汇率吗

A选项的positive operating profit margin怎么理解？是说EBIT/REV为正的意思？