老师，我在做原版书这道类似的题目时把寿险的赔偿金也算成了FC，虽然答案和李老师习题讲解我可以理解，毕竟换来赔偿金的代价是要挂掉，但是如果在计算一个人的FC时，该客户自己为受益人的insurance policy都不计算在内吗？是因为它的contingent属性吗？可是有些分红型的保险收益将来是一定可以拿到手的，这样也不计算在内吗？
问题如下图：
选项：
A. 
B. 
C. 
解释：
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
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
NO.PZ2018091705000091 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% 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？
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
请问怎么理解equity-like？为什么HC会equity like呢？剩下的70%是什么like？
