1. Pretax CFO depends on purchases, not COGS.什么意思呢? 2. “Two reasons that a bond’s price will differ from par at its coupon reset date. The presence of a cap (max. coupon rate) can raise the interest rate risk of a floating-rate security. If the reference rate increase enough that the cap rate is reached, further increases in market yields will decrease floater’s price. When the market yield is above its capped coupon rate, a floating-rate security will trade at a discount. To the extent that the cap fixes the coupon rate on the floater, its price sensitivity to changes in market yield will increase. This is “cap risk”.
The second reason is that margin is fixed at issuance.” 这是NOTES里摘抄的2段话,读好几遍都不懂,谁能帮我解释一下? 3. If funds are contributed to an investment portfolio just before a period of relatively poor performance, the money-weighted rate of return will tend to be lower than time-weighted rate of return and vice versa. 这段话怎么理解?? 4. Authorized shares are the number of shares that may be sold under the firm’s articles of incorporation. What does it mean? 5. Notes 4-Page 193, 1 答案看不太懂。。
6. Notes 4-Page 92, 2 为什么选B呢? 7. curriculum volume 5 的 419页19题
什么叫做"actual days/actual days" convention? 8. 复习中遇到的几个概念,不记得从哪里看到的了:
什么是coefficient of determination? receivables processing? asset disposals? gross and net accounting? 9. 选择 which is assigned probability with Logical or reasoning. choices: Priori, subjective, conditional, empirical
10. Person is running a program that is filtering stock based on ROE and P/S. What should he also add as a filter to get rid of meaningless results are positive? choices: book value, CFO, earnings
多谢大家帮助!加油! |