原版書197頁34題如何看出A選項波動最大
老師好，請解釋一下這兩道題，看答案也不太明白
老師，這里假設(shè)的Price=par value,那就是說這是平價發(fā)現(xiàn)的債券嗎
An analyst gathered the following information about a company: What is the firm's reported effective tax rate? A 30%. B 25%. C 5%. 這題什么原理？
老師好，律師說non competence clause 是不合法的，那CFA沒有遵守違法的條例，為什么也不行呢？
C為什么錯 感覺b和c是一個意思啊
老師 這道原版書后題18題 題意不理解，麻煩老師解答下，謝謝
A bond markets, buy and sell orders are initiated from various locations and then matched through a communications network. The bond market can be best described as an: A organized exchange. B open market operation. C OTC market. 這題真的好無語，a怎么就不對了，答案說債券都是場外？不可能吧，我國有，美國也有場內(nèi)的債券市場，下單各方也來自各個地點，在互聯(lián)網(wǎng)上撮合成交。
8.c選項為什么不對，解釋，謝謝
老師 想問一下現(xiàn)金流的計算，如果考試中沒有具體說明是哪個準則下的，是不是原則上按照US GAAP準則的現(xiàn)金流分類來做題？
老師好，請問這句話怎么理解啊，能翻譯并解釋一下嗎
Karen Dalby, CFA, volunteers on her church’s finance board but receives no cash compensation so she does not report the arrangement to her employer. Board compensation is limited to an annual retreat to Hawaii, but the accommodations are modest. Dalby does not enjoy the retreat and often considers skipping the event entirely. Dalby is most likely: A not in violation of the Code and Standards. B in violation of Standard IV(B) "Additional Compensation Arrangements." C in violation of Standard IV(A) "Loyalty." 住宿條件modest，而且他也不enjoy，而且他也不是經(jīng)理，管賬戶那種，怎么就違反了？
第2題ac哪里錯
老師好，這道題為什么算incentive fee 是要減去management fee 2.6？ 題目中沒有明確說去除management fee 計算??？這是hard hurdle rate的隱含條件嗎？
老師 紀老師的這道例題中 公式中減去的折舊費用用了題干中給到的8，為什么不能用表格中兩個年度的累計折舊相減所得的6呢
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