Why do we pick the highest cash flow one means low at TEv?

So how can I split 90/10 into b/s? 10 is liabilities ? 90 is asset?

Why can’t COCO bring capital into market?

What is crowded exit?

老师，这道题应该怎么判断收什么和支什么呢？题目里先说利息是收美元支欧元，但紧接着又说互换最开始的时候是付美元收欧元。这个收支所以利息的收支来确定的，还是以本金的收支来确定的呢？

Convertible bond is equal to CoCo? Previously in Basel 3 it said if company stock price reduce or in illiquid the company can change the bond to equity to support the ROE? But here it said the coco can only change when stock price increase , could u explain in chinese?

老师，题目要求算的是delta-normal的VaR值，但老师算的应该是VaR（ds），而不是VaR（df），为什么这里只算标的资产的VaR就可以了呢？

你好 老师 这个没有解析

你 好老师 这个 怎么就厚尾了

What is anti value strategy ? Can u explain in Chinese in detail