Example 9 (Mosaic Theory): John Doll is a research analyst for a hedge fund that also sells its research to aselect group of paying client investment firms. Doll’s focus is medical technologycompanies and products, and he has been in the business long enough and has been successfulenough to build up a very credible network of friends and experts in the business.Doll has been working on a major research report recommending Boyce Health, a medicaldevice manufacturer. He recently ran into an old acquaintance at a wedding who isa senior executive at Boyce, and Doll asked about the business. Doll was drawn toa statement that the executive, who has responsibilities in the new products area,made about a product: “I would not get too excited about the medium-term prospects;we have a lot of work to do first.” Doll incorporated this and other information aboutthe new Boyce product in his long-term recommendation of Boyce. 老师，这是原版书一道case，请问这个到底是有无违反道德准则呢，原版书没有直接正面回应有没有违反。谢谢。

个人IPS中 如果将Nominal pre-tax return 调成 Real after-tax return，是先调节Inflation 还是先调节tax，公式应该是怎样的？

急！请问（1）puttable bond duration对比普通bond 长或短？（2）为什么higher coupon rate bond duration较短？谢谢

请问第五题，为什么liquidatung bond 不是CF方法 feature？CF principal payment 不就是liquidating吗？（我明白它不受利率波动影响）我不明白liquidating的定义。谢谢

请问道德 优先discretionary account fee paying （较于none fee paying account)这操作有问题吗？

请问买butterfly的目的是什么？（我明白它的产品性质）谢谢

请问在allocate oversubscrib IPO是付费账户要优先于免费账户吗？谢谢。还有在其他地方有区别对待吗？

请问一为什么对，不是说要更长时间吗？二为什么错？谢谢

请问这道题为什么是falling rate下降环境？但是同时他的credit spread上升了啊？谢谢

Reading17官网提供的补充课后题第4题，计算utility，答案是不是错了，关于百分号的运用