开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

GhostNightTiger · 2021年03月02日

请问一下，HCcapital的30%是equity-like并不是投资在equity里面，为什么要用总的Equity877500减去HC的equity-like非股票部分36000呢？这两个不是同一个东西吧？

  1. CFA III
  2. 个人IPS

NO.PZ2018091705000091

问题如下：

Marion currently holds 750,000 cash and short investment, he then goes to his investment manager Collins for a discussion about his investment portfolio. Based on the calculation, Marion’ human capital is valued at $1.2 million and 30% of it reveals equity-like. Collins determines that an overall target allocation of 45% equity is appropriate for Marion. Therefore in order to meet the target equity allocation for total economic wealth, the financial capital equity allocation for Marion should be closest to:

选项：

A.

44.1%.

B.

69.0%.

C.

63.9%.

解释：

B is correct.

考点: Economic (Holistic) Balance Sheet

解析:Marion的 financial capital equity allocation计算如下：

The equity allocation of the Barksdale’s financial capital is calculated as follows:

Total economic wealth = Human capital + Financial capital = $1,200,000 +$750,000 = $1,950,000.

Target equity allocation of total economic wealth = $1,950,000 × 45% =$877,500

Human capital equity allocation = $1,200,000 × 30% = $360,000 Financial capital equity allocation = $877,500 – $360,000 = $517,500

Financial capital equity allocation = Financial equity allocation/Total financial capital= $517,500/$750,000 = 0.69, or 69%

请问一下，HCcapital的30%是equity-like并不是投资在equity里面，为什么要用总的Equity877500减去HC的equity-like非股票部分36000呢？这两个不是同一个东西吧？

添加评论
1 个答案
已采纳答案

王暄_品职助教 · 2021年03月03日

Marion currently holds 750,000 cash and short investment, he then goes to his investment manager Collins for a discussion about his investment portfolio. Based on the calculation, Marion’ human capital is valued at $1.2 million and 30% of it reveals equity-like. Collins determines that an overall target allocation of 45% equity is appropriate for Marion. Therefore in order to meet the target equity allocation for total economic wealth, the financial capital equity allocation for Marion should be closest to:


同学看我划线句子，其意思为：C同学希望M同学的total wealth(即human capital + financial capital)中，有45%的部分属于equity like。所以这45%既包括Human capital又包括financial capital。

则：Total economic wealth = Human capital + Financial capital = $1,200,000 +$750,000 = $1,950,000.


Target equity allocation of total economic wealth = $1,950,000 × 45% =$877,500

所以877,500就是我们的目标，希望C同学的总资产（human captical +financial capital）中，一共有877,500为equity like


然后我们通过题干还可以得知，M同学的human capital中有30%是euqity like,则：Human capital equity allocation = $1,200,000 × 30% = $360,000


所以我们可以决定，M同学还要投资877,500 –360,000 = 517,500，即517,500这么多的金融资产在equity中，以实现45%的目标。

GhostNightTiger · 2021年03月03日

谢谢，学到后面知道了~

  • 1

    回答

  • 0

    关注

  • 969

    浏览
相关问题

NO.PZ2018091705000091问题如下 Marion currently hol $750,000 cash anshort investment, he then goes to his investment manager Collins for a scussion about his investment portfolio. Baseon the calculation, Marion’ humcapitis value$1.2 million an30% of it reveals equity-like. Collins termines thoverall target allocation of 45% equity is appropriate for Marion. Therefore in orr to meet the target equity allocation for toteconomic wealth, the financicapitequity allocation for Marion shoulclosest to: 44.1%. 69.0%. 63.9%. B is correct. 考点: Economic (HolistiBalanSheet 解析:Marion的 financicapitequity allocation计算如下： The equity allocation of the Barksle’s financicapitis calculatefollows: Toteconomic wealth = Humcapit+ Financicapit= $1,200,000 +$750,000 = $1,950,000. Target equity allocation of toteconomic wealth = $1,950,000 × 45% =$877,500 Humcapitequity allocation = $1,200,000 × 30% = $360,000 Financicapitequity allocation = $877,500 – $360,000 = $517,500 Financicapitequity allocation = Financiequity allocation/Totfinancicapital= $517,500/$750,000 = 0.69, or 69% 麻烦问下老师，为啥➗financiasset？谢谢

2023-08-24 13:40 1 · 回答

NO.PZ2018091705000091 问题如下 Marion currently hol $750,000 cash anshort investment, he then goes to his investment manager Collins for a scussion about his investment portfolio. Baseon the calculation, Marion’ humcapitis value$1.2 million an30% of it reveals equity-like. Collins termines thoverall target allocation of 45% equity is appropriate for Marion. Therefore in orr to meet the target equity allocation for toteconomic wealth, the financicapitequity allocation for Marion shoulclosest to: 44.1%. 69.0%. 63.9%. B is correct. 考点: Economic (HolistiBalanSheet 解析:Marion的 financicapitequity allocation计算如下： The equity allocation of the Barksle’s financicapitis calculatefollows: Toteconomic wealth = Humcapit+ Financicapit= $1,200,000 +$750,000 = $1,950,000. Target equity allocation of toteconomic wealth = $1,950,000 × 45% =$877,500 Humcapitequity allocation = $1,200,000 × 30% = $360,000 Financicapitequity allocation = $877,500 – $360,000 = $517,500 Financicapitequity allocation = Financiequity allocation/Totfinancicapital= $517,500/$750,000 = 0.69, or 69% 讲义上说如果hc更像bon那就要多投equity

2023-08-18 08:08 2 · 回答

B is correct. 考点: Economic (HolistiBalanSheet 解析:Marion的 financicapitequity allocation计算如下 The equity allocation of the Barksle’s financicapitis calculatefollows: Toteconomic wealth = Humcapit+ Financicapit= $1,200,000 +$750,000 = $1,950,000. Target equity allocation of toteconomic wealth = $1,950,000 × 45% =$877,500 Humcapitequity allocation = $1,200,000 × 30% = $360,000 Financicapitequity allocation = $877,500 – $360,000 = $517,500 Financicapitequity allocation = Financiequity allocation/Totfinancicapital= $517,500/$750,000 = 0.69, or 69% 老师我不太理解为什么humcapital会有equity like 和bonlike

2020-08-01 20:40 1 · 回答

请问怎么理解equity-like？为什么HC会equity like呢？剩下的70%是什么like？

2020-02-10 10:41 1 · 回答