Interest rate risk for a bond refers to the fact that when interest rates: A decrease, the realized yield on the bond will be less than the yield to maturity. B increase, prepayments of principal will decrease. C increase, the bond’s value decreases. B选项 R升高 再融资成本高 借款人不愿意提前还款，所以本金的提前还款会减少；R降低再融资成本低 借款人愿意提前归还现有借款 再在市场重新借款 本金的提前还款会增加。 所以b没问题吧

这道题中没有说 到达公司总部的公共交通unavailable啊！怎么就默认这个trip是modest了呢？

听不清老师的解析，所以没有听太懂这道题，希望老师可以重新讲解一下

Jasmine, CFA, as a deputy treasurer for Monster College, manages the ABC Student Scholarship Trust. A request for proposal (RFP) for domestic equity managers is issued by Jasmine. Paul, CFA, a good friend of Jasmine, introduces him to representatives from ABC Capital Investments, which submitted a proposal. Jasmine selected ABC Capital as a manager based on the firm's excellent performance record. Paul, who had outstanding performance as an equity manager with another firm, accepted a lucrative job with ABC Capital shortly after the selection,. Which of the CFA charterholders violated the CFA Institute Standards of Professional Conduct? A Both. B Neither. C Peters. 老师，麻烦解析下这道题，有些看不懂。顺便反映下情况，解析完全听不清，希望能让技术人员处理好了

corporate finance这一科课后题老师的讲解视频透露的信息量太少了。

为什么只能是+1或者-1，代表正负关系之后不能用小数吗？correlation只能是+1或者-1？

视频里老师说一般十年，A也说的是刚好十年啊，视频里说的是一般超过十五年不好啊

这个还有buyout rate这些知识点哪儿讲了啊。。根本没听过

答案中下述内容与提干不符：and may not bAlthough Charlse's first loan default, which played a part in the subsequent bankruptcy, is a result of poor financial choices (i.e., paying for higher wedding costs rather than her tuition loan), neither of the loan defaults or the bankruptcy involves fraudulent or deceitful business conduct but rather unfortunate personal circumstances. Therefore, she would most likely not be in violation of Standard I(D): Misconduct. e based on fact or upheld in a court of law.

with the intent to mislead market participants.答案的解释是说主管上有操纵市场的想法。但不同时区的时差问题客观存在，以美国时间为准的开市和闭市政策对亚洲客户本就不公平。如果仅出于方便客户的角度而非主管上想操纵市场，是否 不违反有关职业道德及行为规范呢？