NO.PZ2018103102000009
问题如下：
An equity fund PZ, contains mainly the financially sound companies that are expected to generate significant positive free cash flow from core business operations within a multiyear forecast horizon. Which of the following measures of value would the distressed securities fund’s analyst consider that PZ fund analyst might ignore?
选项：
A.
Liquidation value
B.
Investment value
C.
Fair market value
解释：
A is correct.
考点：Value Definitions
解析：A是正确的。股票基金PZ投资的都是财务状况良好、破产概率小的公司，因此该基金的基金经理可能忽略的价值衡量指标为清算价值即公司解散后单独出售的资产的价值。
既然pz投资的都是sound companies，是不是就不需要考虑distressed analyst？
