NO.PZ202206210100000301
问题如下：
From the description of Sabonete’s objectives for the SPP, the most appropriate asset allocation approach is:
选项：
A.mean–variance optimization. B.a basic two-portfolio approach. C.an integrated asset–liability approach.解释：
SoluC is correct. Based on the objectives described, the integrated asset–liability approach is the most appropriate asset allocation approach for the SPP, which is currently under-funded and seeks to achieve fully funded status in five years. Mean–variance optimization is an asset-only approach to asset allocation and fails to consider Sabonete’s goal of fully funding the liabilities. The basic two-portfolio approach assumes the pension plan has a surplus that can be allocated to a return-seeking portfolio.
C is correct. Based on the objectives described, the integrated asset–liability approach is the most appropriate asset allocation approach for the SPP, which is currently under-funded and seeks to achieve fully funded status in five years. Mean–variance optimization is an asset-only approach to asset allocation and fails to consider Sabonete’s goal of fully funding the liabilities. The basic two-portfolio approach assumes the pension plan has a surplus that can be allocated to a return-seeking portfolio.
A is incorrect. Mean–variance optimization is an asset-only approach to asset allocation and fails to consider Sabonete’s goal of fully funding the liabilities.
B is incorrect. The basic two-portfolio approach assumes the pension plan has a surplus that can be allocated to a return-seeking portfolio.
看了助教们的解释，依然不理解B和C。
B的方法，讲义上也说可以under funded情况呀，为什么直接就排除了呢？。另外从我们正常做题角度来看，肯定都是顺着题目，现在是需要通读全文才能判断题目吗？
我发现三级课后题目，很多答题对应的信息点都不像2级，很多前前后后都有，考试也是吗
