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SUN · 2020年12月04日

问一道题:NO.PZ201704060100000202 第2小题 [ CFA III ]

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问题如下:

Blanc’s calculations show that Perrin’s net wealth is:

选项:

A.

less than his net worth.

B.

equal to his net worth.

C.

greater than his net worth.

解释:

A is correct.

Net wealth is calculated as follows:

Net wealth = Net worth from the traditional balance sheet +(Present value of future earnings + Present value of unvested pension benefits) – (Present value of consumption goals + Present value of bequests)

Perrin’s net wealth is less than his net worth because the sum of the present values of consumption and bequests is greater than the sum of the present values of future earnings and unvested pensions.

这道题为什么强调了是unvested,我记得之前问您,回复说vest pension也是只属于经济的,如果按这个说法,这题就出不来答案了
2 个答案
已采纳答案

王暄_品职助教 · 2020年12月05日

同学的意思是:

题目应该提供sum of : pv of unvested pension+PV future earning + vested pension

对吧?

我同意你的看法,但本题就这么出了,咱也没办法,他题目说了 “Blanc’s calculations show that Perrin’s net wealth is:”那么只能根据Blanc的算法去算了,就是不考虑vested pension了。

再次强调,vested DB Pension是计入economic b/s里的financial asset的

 

SUN · 2020年12月05日

感谢

王暄_品职助教 · 2020年12月04日

vested pension属于Economic b/s里的financial asset

但这题不影响啊。他这个net wealth 算的没问题呀,同学觉得哪里不对呢?

SUN · 2020年12月05日

如果vested pension也算在economic里面,那就不能用题目给的exceed条件出结果了因为不知道vested pension是多少

SUN · 2020年12月05日

请问这道题有定论了吗

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