It was banks that were on the wrong planet, with accounts that vastly overvalued assets. Today they argue that market prices overstate losses, because they largely reflect the temporary illiquidity of markets, not the likely extent of bad debts. The truth will not be known for years. But bank‘s shares trade below their book value, suggesting that investors are skeptical. And dead markets partly reflect the paralysis of banks which will not sell assets for fear of booking losses, yet are reluctant to buy all those supposed bargains.
39. The author thinks the banks were “on the wrong planet” in that they ________.
[A] misinterpreted market price indicators
✔[B] exaggerated the real value of their assets
[C] neglected the likely existence of bad debts
[D] denied booking losses in their sale of assets
Please translate the paragraph into FORMAL Chinese and write them down in the message post.
It was banks that were on the wrong planet, with accounts that vastly overvalued assets资产.银行的想法不切实际，他们的账目将资产估价过高。
Today they argue that market prices overstate losses, because they largely reflect the temporary暂时的 illiquidity非流动 of markets, not the likely extent of bad debts.如今，他们声称市场价格夸大了损失，因为它们很大程度上反映了市场的暂时停滞，而不是坏账可能的程度。
The truth will not be known for years. 这一事实在数年内将不为人知。
But bank‘s shares trade below their book value, suggesting that investors are skeptical.银行股票的交易价格低于账面价值，这反映出投资者的怀疑态度。
And dead markets partly reflect the paralysis麻痹 of banks which will not sell assets for fear of booking losses, yet are reluctant to buy all those supposed bargains.停滞的市场还在一定程度上反映银行的无力：他们因担心账面损失而不愿意出售这些不良资产，也不愿意收购那些看起来廉价的资产。
第一句
[1] It was banks that were on the wrong planet, with accounts [2] that vastly overvalued assets.
句子结构
[1] 主句（S+LV+P）
强调形式：It was …that …
主：banks 银行
系：were 是
表：on the wrong planet, 在错误的星球上（喻：不合时宜；不切实际）
状（伴随）：with accounts 其账面……
[2] 修饰accounts的定语从句（S+V+O）
主：that 指accounts，账面
谓：vastly overvalued 极大的高估了
宾：assets 资产
句子译文
银行的想法不切实际，他们的账目将资产估价过高。
第二句
[1] Today they argue [2] that market prices overstate losses, [3] because they largely reflect the temporary illiquidity of markets, not the likely extent of bad debts.
句子结构
[1] 主句（S+V+O）
状：Today
主：they
谓：argue
宾：[2]
译文：如今，他们声称
[2] argue的宾语从句（S+V+O）
引：that
主：market prices 市场价格
谓：overstate 夸大
宾：losses, 损失
译文：市场价格夸大了损失
[3] 原因状语从句（S+V+O）
引：because 因为
主：they 它们
谓：largely reflect 很大程度上反映
宾：the temporary illiquidity of markets, not the likely extent of bad debts. 暂时停滞 | 市场 | 而不是 | 可能的程度 | 坏账
译文：因为它们很大程度上反映了市场的暂时停滞，而不是坏账可能的程度。
句子译文
如今，他们声称市场价格夸大了损失，因为它们很大程度上反映了市场的暂时停滞，而不是坏账可能的程度。
第三句
The truth will not be known for years.
句子结构（S+V）
主：The truth
谓：will not be known
状（时间）：for years.
句子译文
这一事实在数年内将不为人知。
第四句
[1] But bank‘s shares trade below their book value, suggesting [2] that investors are skeptical.
句子结构
[1] 主句（S+V）
状：But
主：bank‘s shares 银行股票
谓：trade 交易
状（方式）：below their book value, 低于账面价值
状（伴随）：suggesting …表明
译文：银行股票的交易价格低于账面价值，这反映出……
[2] suggesting的宾语从句（S+LV+P）
引：that
主：investors 投资者
系：are 是
表：skeptical. 怀疑的
译文：投资者的怀疑态度
句子译文
银行股票的交易价格低于账面价值，这反映出投资者的怀疑态度。
第五句
[1] And dead markets partly reflect the paralysis of banks [2] which will not sell assets for fear of booking losses, yet are reluctant to buy all those supposed bargains.
句子结构
[1] 主句（S+V+O）
状：And 而且
主：dead markets 停滞的市场
谓：partly reflect 在一定程度上反映
宾：the paralysis of banks 银行的无力
译文：停滞的市场在一定程度上也反映出银行的无力
[2] 修饰banks的定语从句（S+V+O）
主：which 他们（银行）
谓1：will not sell 不愿意出售
宾1：assets （不良）资产
状1（目的）：for fear of booking losses, 由于担心账面损失
连：yet 也
谓2：are reluctant to buy 不愿意收购
宾2：all those supposed bargains. 所有 | 那些 | 看起来廉价（的资产）
译文：他们因担心账面损失而不愿意出售这些不良资产，也不愿意收购那些看起来廉价的资产
句子译文
停滞的市场还在一定程度上反映银行的无力：他们因担心账面损失而不愿意出售这些不良资产，也不愿意收购那些看起来廉价的资产。
