statement选正确的还是错误的？

NO.PZ2022062601000012 问题如下 FunA's holngs are approximately 50% publicly traassets an50% investment gra fixeincome securities, with investors hoping to increase returns approximately 5% within two years. Investment aisor John suggests replacing a portion of investment gra fixeincome securities with a 25% private equity allocation.When replacing fixeincome with private equity, other risk factors must also consire John ma three statements: Whiof John’s statements is least likely correct? A.Statement 1 B.Statement 2 C.Statement 3 C is correct. Private equity returns are baseon infrequent reporting antypically use appraisvalues, whiresults in lower return correlations with other asset classes (inclung public equity) thwoulevint from actutransaction prices. In comparison, investment-gra fixeincome returns are baseon transactions prices, resulting in a more accurate return series anmore accurate return correlation estimates.A is incorrect. Returns from private equity are baseon infrequent reporting antypically use appraisvalues, resulting in a smoothing of returns anless accurate return volatilities. In comparison, investment-gra fixeincome returns are baseon transaction prices, resulting in more accurate return volatilities.B is not correct. The expectereturn on private equity is higher thinvestment gra fixeincome. Therefore, consiring the sire to increase the long-term return, investment-gra fixeincome portfolios or portfolios with higher stribution of investment gra fixeincome have a greater risk of not achieving this gothprivate equity portfolios or portfolios with higher stribution of private equity.知识点考察role of fferent alternative investmentsC是正确的。私募股权回报基于不频繁的报告，通常使用评估值，这导致与其他资产类别（包括公共股本）的回报相关性低于实际交易价格。相比之下，投资级固定收益回报基于交易价格，从而产生更准确的回报序列和更准确的收益相关性估计。A不正确。私募股权的回报基于不频繁的报告，通常使用评估值，导致回报平滑，回报波动不太准确。相比之下，投资级固定收益回报基于交易价格，从而产生更准确的回报波动。B不正确。私募股权的预期回报率高于投资级固定收益。因此，考虑到增加长期回报的愿望，投资级固定收益投资组合或对投资级固定收入分配较高的投资组合比私募股权投资组合或私募股权分配较高的组合有更大的风险达不到这一目标。题干三个statement英语看起来有点绕，先翻译statement陈述 1 投资级固定收益报告的回报波动可能比私募股权更准确。陈述 2 投资级固定收益未能达到长期投资目标的风险高于私募股权。陈述 3 报告的投资级固定收益与公共股权的相关性可能不如所报告的私募股权与公共股权的相关性准确。通过上题可知道投资级固定收益的波动低于private equity。所以陈述1是对的。投资级的固定收益的相对收益低，而长期来看主要还是要达到收益目标，短期的波动会通过时间的跨度来逐步恢复暂时的因为波动的亏损。所以陈述2也是对的。 而private equity由于并非上市公司，没有要求去定期发布财报，这对于投资者对private equity的估值并不容易，而且另类投资整体上透明性都很低。所以由于基于不频繁的报告，通常使用评估值，这导致与其他资产类别（包括上市股票）的回报相关性低于实际交易价格。所以陈述3是错的。 难道不是对于 alternatives investment 来说 not achieve long term return objective 才是最重要的吗

NO.PZ2022062601000012 问题如下 FunA's holngs are approximately 50% publicly traassets an50% investment gra fixeincome securities, with investors hoping to increase returns approximately 5% within two years. Investment aisor John suggests replacing a portion of investment gra fixeincome securities with a 25% private equity allocation.When replacing fixeincome with private equity, other risk factors must also consire John ma three statements: Whiof John’s statements is least likely correct? A.Statement 1 B.Statement 2 C.Statement 3 C is correct. Private equity returns are baseon infrequent reporting antypically use appraisvalues, whiresults in lower return correlations with other asset classes (inclung public equity) thwoulevint from actutransaction prices. In comparison, investment-gra fixeincome returns are baseon transactions prices, resulting in a more accurate return series anmore accurate return correlation estimates.A is incorrect. Returns from private equity are baseon infrequent reporting antypically use appraisvalues, resulting in a smoothing of returns anless accurate return volatilities. In comparison, investment-gra fixeincome returns are baseon transaction prices, resulting in more accurate return volatilities.B is not correct. The expectereturn on private equity is higher thinvestment gra fixeincome. Therefore, consiring the sire to increase the long-term return, investment-gra fixeincome portfolios or portfolios with higher stribution of investment gra fixeincome have a greater risk of not achieving this gothprivate equity portfolios or portfolios with higher stribution of private equity.知识点考察role of fferent alternative investmentsC是正确的。私募股权回报基于不频繁的报告，通常使用评估值，这导致与其他资产类别（包括公共股本）的回报相关性低于实际交易价格。相比之下，投资级固定收益回报基于交易价格，从而产生更准确的回报序列和更准确的收益相关性估计。A不正确。私募股权的回报基于不频繁的报告，通常使用评估值，导致回报平滑，回报波动不太准确。相比之下，投资级固定收益回报基于交易价格，从而产生更准确的回报波动。B不正确。私募股权的预期回报率高于投资级固定收益。因此，考虑到增加长期回报的愿望，投资级固定收益投资组合或对投资级固定收入分配较高的投资组合比私募股权投资组合或私募股权分配较高的组合有更大的风险达不到这一目标。题干三个statement英语看起来有点绕，先翻译statement陈述 1 投资级固定收益报告的回报波动可能比私募股权更准确。陈述 2 投资级固定收益未能达到长期投资目标的风险高于私募股权。陈述 3 报告的投资级固定收益与公共股权的相关性可能不如所报告的私募股权与公共股权的相关性准确。通过上题可知道投资级固定收益的波动低于private equity。所以陈述1是对的。投资级的固定收益的相对收益低，而长期来看主要还是要达到收益目标，短期的波动会通过时间的跨度来逐步恢复暂时的因为波动的亏损。所以陈述2也是对的。 而private equity由于并非上市公司，没有要求去定期发布财报，这对于投资者对private equity的估值并不容易，而且另类投资整体上透明性都很低。所以由于基于不频繁的报告，通常使用评估值，这导致与其他资产类别（包括上市股票）的回报相关性低于实际交易价格。所以陈述3是错的。 这三个怎么感觉还是很绕，老师可以分别一下吗

NO.PZ2022062601000012 问题如下 FunA's holngs are approximately 50% publicly traassets an50% investment gra fixeincome securities, with investors hoping to increase returns approximately 5% within two years. Investment aisor John suggests replacing a portion of investment gra fixeincome securities with a 25% private equity allocation.When replacing fixeincome with private equity, other risk factors must also consire John ma three statements: Whiof John’s statements is least likely correct? A.Statement 1 B.Statement 2 C.Statement 3 C is correct. Private equity returns are baseon infrequent reporting antypically use appraisvalues, whiresults in lower return correlations with other asset classes (inclung public equity) thwoulevint from actutransaction prices. In comparison, investment-gra fixeincome returns are baseon transactions prices, resulting in a more accurate return series anmore accurate return correlation estimates.A is incorrect. Returns from private equity are baseon infrequent reporting antypically use appraisvalues, resulting in a smoothing of returns anless accurate return volatilities. In comparison, investment-gra fixeincome returns are baseon transaction prices, resulting in more accurate return volatilities.B is not correct. The expectereturn on private equity is higher thinvestment gra fixeincome. Therefore, consiring the sire to increase the long-term return, investment-gra fixeincome portfolios or portfolios with higher stribution of investment gra fixeincome have a greater risk of not achieving this gothprivate equity portfolios or portfolios with higher stribution of private equity.知识点考察role of fferent alternative investmentsC是正确的。私募股权回报基于不频繁的报告，通常使用评估值，这导致与其他资产类别（包括公共股本）的回报相关性低于实际交易价格。相比之下，投资级固定收益回报基于交易价格，从而产生更准确的回报序列和更准确的收益相关性估计。A不正确。私募股权的回报基于不频繁的报告，通常使用评估值，导致回报平滑，回报波动不太准确。相比之下，投资级固定收益回报基于交易价格，从而产生更准确的回报波动。B不正确。私募股权的预期回报率高于投资级固定收益。因此，考虑到增加长期回报的愿望，投资级固定收益投资组合或对投资级固定收入分配较高的投资组合比私募股权投资组合或私募股权分配较高的组合有更大的风险达不到这一目标。题干三个statement英语看起来有点绕，先翻译statement陈述 1 投资级固定收益报告的回报波动可能比私募股权更准确。陈述 2 投资级固定收益未能达到长期投资目标的风险高于私募股权。陈述 3 报告的投资级固定收益与公共股权的相关性可能不如所报告的私募股权与公共股权的相关性准确。通过上题可知道投资级固定收益的波动低于private equity。所以陈述1是对的。投资级的固定收益的相对收益低，而长期来看主要还是要达到收益目标，短期的波动会通过时间的跨度来逐步恢复暂时的因为波动的亏损。所以陈述2也是对的。 而private equity由于并非上市公司，没有要求去定期发布财报，这对于投资者对private equity的估值并不容易，而且另类投资整体上透明性都很低。所以由于基于不频繁的报告，通常使用评估值，这导致与其他资产类别（包括上市股票）的回报相关性低于实际交易价格。所以陈述3是错的。 Statement 2不太理解，fixeincome的完成可能性应该比PE大？因为曾经提到过PE可能在某段时间内表现不好，长期表现才好。